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Gold futures finish near two week high on Thursday

25 Mar 2022 Evaluate
Gold futures finished near two week high on Thursday, as the concerns over economic ramifications rampant with the Russia- Ukraine war enters second month. Moreover, surging inflationary pressure buoyed the yellow metal investments. Meanwhile, holdings of SPDR Gold Trust, the world's largest
gold-backed exchange-traded fund, rose to its highest level since February 2021 also added the upside.

Gold futures for April climbed by 1.3% to settle at $1,962.20 on the Comex division of the New York Mercantile. Spot gold was up 1% at $1,963.21 per ounce.