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Gold futures finish higher for fifth consecutive session on Wednesday

14 Apr 2022 Evaluate
Gold futures finished higher for the fifth consecutive session on Wednesday kindled by the inflation hedge appeal of the bullion. Further, safe haven appeal of the bullion with the continuing Russia- Ukraine war, supply chain chaos, and resurgence of corona virus also supported yellow metal to register one month high rate in the session.

Gold futures for June climbed by $8.60, or 0.4%, to settle at $1984.70 per ounce on the Comex division of the New York Mercantile. Spot gold was higher by 0.6% to $1,978.21 per ounce.