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Gold futures trade slightly higher despite stronger dollar

04 Apr 2022 Evaluate
Gold futures traded slightly higher in early deals on Monday, despite stronger dollar and better than anticipated US employment data. Safe haven bets amid concerns over economic ramifications with the still lingering Russia-Ukraine war supported the yellow metal investments.

Gold futures for June were up 0.2% at $1,927.50 per ounce on the Comex division of the New York Mercantile. While, spot gold was little changed at $1,922.43 per ounce.