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Gold futures finish lower on stronger dollar and bonds

29 Mar 2022 Evaluate
Gold futures finished lower on Monday, weighed down by the stronger dollar and US Treasury Bond Yields amidst optimism over Russia-Ukraine peace talks next week. Moreover, easing supply concerns and interest rate hike by the US Federal Reserve’s also dulled yellow metal investments.

Gold futures for April dipped by 0.7% at $1,939.80 on the Comex division of the New York Mercantile. While, spot gold fell by 1.2% to $1,933.12 per ounce.