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Gold futures extends losses in early deals of Monday

21 Nov 2022 Evaluate
Gold futures extended losses in early deals of Monday pressured by the firmness in dollar and US Treasury bond yields. Moreover, hawkish Federal Reserve outlook saddled yellow metal investments. Bullion for most-active contract had registered 0.9% loss for the week.

Gold futures for December narrowed by $7.40 or 0.42% to $1747.00 ounce on the Comex division of the New York Mercantile. Spot gold dipped by $4.44 or 0.25% or $1,746.24 per ounce.