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Gold futures trade higher in early deals of Monday

16 May 2022 Evaluate
Gold futures traded higher in early deals of Monday rebounding from previous session’s three month lower finish, kindled by the investment appeal rendered by the weaker bond yields and slightly easing dollar value. The yellow metal had registered its fourth consecutive weekly fall.
 
Gold futures for June rose by 0.1% to $1,809.80 on the Comex division of the New York Mercantile. While, spot gold climbed by  0.1% at $1,812.15 per ounce.