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Gold futures finish unchanged on Wednesday

22 Dec 2022 Evaluate
Gold futures finished unchanged on Wednesday, as the safe haven appeal of the bullion dulled after consumer confidence registered an eight-month high climb trivializing recession fears. In addition, stronger dollar also pressured the yellow metal buying.

Gold futures for December settle flat at $1825.40 ounce on the Comex division of the New York Mercantile. However, spot gold rose by $5.49 or 0.30% or $1,819.88 per ounce.