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Gold futures settle higher for third consecutive session on Monday

12 Apr 2022 Evaluate
Gold futures settled higher for the third consecutive session on Monday, ahead to the inflation data and on supply chain chaos followed by more sanctions imposed by Western countries on Russia amid the continued war in Ukraine.

Gold futures for June rose by 0.1% or $2.6 to settle at $1,948.20 per ounce on the Comex division of the New York Mercantile. Spot gold was up 0.1% at $1,947.80 per ounce