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Gold futures trade lower in early deals of Monday

09 May 2022 Evaluate
Gold futures traded lower in early deals of Monday, as investment appeal of the bullion got pressured by a stronger dollar and on advancing Treasury bond yields. The precious metal had registered third straight weekly loss, down by 0.7% last week.

Gold futures for June dipped by 0.4% to $1,874.80on the Comex division of the New York Mercantile. While, spot gold slipped by 0.4% at $1,874.89 per ounce.