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Gold futures end near one week low rate on Tuesday

23 Mar 2022 Evaluate
Gold futures near one week low rate on Tuesday, as the investment appeal of the yellow metal got dulled amid hawkish tone of US Federal Reserve on interest rate hike. Moreover, rise in US Treasury Bond yield to 10 year high also saddled bullion investments.

Gold futures for April rose by 0.4% or $8 to settle at $1921.50 on the Comex division of the New York Mercantile. While, spot gold climbed by 0.2% to $1,996.30 per ounce.