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Gold futures settle lower for fourth straight session on Thursday

19 Aug 2022 Evaluate
Gold futures settled lower for fourth straight session on Thursday as dollar gained after better than expected US Jobs data. The yellow metal for the most active contract settled near three week low rate in the session.

Gold futures for December dipped by $5.5 or 0.3% to settle at $1771.20 ounce on the Comex division of the New York Mercantile. Spot gold was down by 0.2% to $1,754.44 per ounce.