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Gold futures finish lower for fourth straight session on Thursday

24 Feb 2023 Evaluate
Gold futures finished lower for fourth straight session on Thursday registering its two-month low rate, pressured by the bets over continued interest rate hike by Federal Reserve to tackle the untamed inflation. Additionally, stronger dollar also saddled the yellow metal rates.

Gold futures for April finished lower by $14.70 or 0.8% to settle at $1826.80 ounce on the Comex division of the New York Mercantile. However, spot gold added by 0.18% or $3.36 to $1,825.64 per ounce.