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Gold futures finish higher for third straight session on Wednesday

02 Mar 2023 Evaluate
Gold futures finished higher for third straight session on Wednesday, kindled by the slide in dollar after the upbeat Chinese economic data. However, rising interest rates capped some gains in the bullion. The yellow metal for the most active contract has logged the best settlement in a week.

Gold futures for April rose by $8.70 or 0.50% to $1845.40 ounce on the Comex division of the New York Mercantile. However, spot gold dipped by 0.14% or $2.48 to $1,834.24 per ounce