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Gold futures finish higher for third consecutive session

09 Feb 2023 Evaluate
Gold futures finished higher for third consecutive session on Wednesday, on softer dollar and safe haven bets amid concerns that inflation not getting tamed as quickly as expected. The yellow metal for the most active contract posted its largest settlement in nearly a week.

Gold futures for April up by $5.90 or 0.30% to settle at $1890.70 ounce on the Comex division of the New York Mercantile. Spot gold rose by 0.21% or $3.94 to $1,879.43 per ounce.