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Gold futures settle higher on softer dollar

29 Mar 2023 Evaluate
Gold futures settled higher on Tuesday, on technical buying after two straight losses with abate in banking crisis. Additionally, softer dollar also supported buying of green back denominated yellow metal.

Gold futures for April rose by $19.70 or 1% to finish at $ 1973.50 ounce on the Comex division of the New York Mercantile. However, spot gold declined by $7 or 0.35% to $1,966.54 per ounce.