MoneyWorks4Me

Gold futures finish lower on debt ceiling optimism

23 May 2023 Evaluate
Gold futures finished lower on Monday, as the safe haven appeal of the bullion dulled amid optimism over US debt ceiling deal. Moreover, firmness in dollar also saddled investment appeal of the greenback denominated yellow metal.

Gold futures for June down by $4.40 or 0.08% to settle at $1977.20 ounce on the Comex division of the New York Mercantile. While, spot gold sluggish by $9.24 or 0.47% to $ 1,962.62 per ounce.

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