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Gold futures finish higher for third straight session on Thursday

09 Dec 2022 Evaluate
Gold futures finished higher for third straight session on Thursday, marking back above the psychological $1800 level kindled by the weakness in dollar and bond yields. Moreover, bets of low pace in interest rate hikes helped in the gain.

Gold futures for February climbed by $3.50 or 0.2% to settle at $1801.50 ounce on the Comex division of the New York Mercantile. Spot gold rose by $6.34 or 0.35% or $1,795.48 per ounce.