Skip to main content

MoneyWorks4Me

Gold futures finish lower as dollar, bonds advance

08 Aug 2023 Evaluate
Gold futures finished lower on Monday, saddled by the advancing dollar and US Treasury bond yield notes. Additionally, lingering higher interest rates also dulled investment appeal of the bullion.

Gold futures for December delivery down by $6.10 or 0.30% to $1970.00 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $2.99 or 0.15% at $1,933.57 per ounce.