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Gold futures finish higher on Thursday

28 Apr 2023 Evaluate
Gold futures finished higher on Thursday, though below the benchmark $2000 level. Investment appeal of the bullion got boosted after weak US economic data trivialized bets on hawkish stance by Federal Reserve. However, stronger dollar capped some gains in the bullion.

Gold futures for June rose by $3 or 0.2% to settle at $1999.00 ounce on the Comex division of the New York Mercantile. however Spot gold fell by $1.18 or 0.06% to $1,986.60 per ounce.