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Gold futures finish lower on Wednesday

29 Dec 2022 Evaluate
Gold futures finished lower on Wednesday pressured by the robustness in dollar and on rising interest rates. Further, previous session’s high rate also supported technical correction.

Gold futures for February fell by $7.30 or 0.4% to settle at $1815.80 ounce on the Comex division of the New York Mercantile. Spot gold dropped by 0.16% or $2.95 to $ 1,807.30 per ounce.