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Gold futures finish lower for third straight session on Thursday

30 Jun 2023 Evaluate

Gold futures finished lower for third straight session on Thursday, marking almost three-month low rate as the investment appeal of the bullion dulled amid hawkish central banks of the world. Moreover, stronger dollar and rise in US Treasury bond yield notes also pressured yellow metal investments.

Gold futures for August delivery dipped by $4.30 or 0.2% to settle at $1917.90 ounce on the Comex division of the New York Mercantile. However, spot gold rose by $0.84 or 0.04% to $1,909.04 per ounce.