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Gold futures finish higher for third straight session on Tuesday

23 Aug 2023 Evaluate
Gold futures finished higher for third straight session on Tuesday, kindled by the weakness in dollar and bond yield notes. Meanwhile, next week’s speech of Jerome Powell at Jackson Hole Symposium is closely awaited for more cues on Fed monetary policy plans.

Gold futures for December delivery rose by $3 or 0.15% to settle at $1926.00 ounce on the Comex division of the New York Mercantile. While, spot gold added by $ 3.67 or 0.19% at $ 1,901.15 per ounce.