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Gold futures finish lower for third consecutive session

23 Jun 2022 Evaluate
Gold futures finished slightly lower on Wednesday, marking third consecutive sessional loss due to the strength in dollar and US Treasury Bond yields. Even though, concerns over mounting inflation and global economic slowdown fears limited losses in the bullion.

Gold futures for August down by 40 cents or 0.1% to settle at $1838.40 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by 0.1% to $1,835.88 per ounce.