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Gold futures finish near 6-week low level on Tuesday

22 Feb 2023 Evaluate
Gold futures finished near 6-week low level on Tuesday, saddled by the firmness in dollar and treasury bond yield notes. Moreover, rising interest rate pressured yellow metal investments.

Gold futures for April finished sharply lower by $7.70 or 0.4% to settle at $1842.50 ounce on the Comex division of the New York Mercantile. However, spot gold added by 0.06% or $1.15 to $1,836.24 per ounce.