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Gold futures finish higher on softer dollar

30 Nov 2023 Evaluate
Gold futures finished higher on Wednesday, hovering near its seven month peak as the slide in dollar continued to support investment appeal of the bullion. Moreover, chances for interest rate cut by Federal Reserve also lifted yellow metal investments.

Gold futures for December delivery rose by $6.90 or 0.33% to $2067.10 ounce on the Comex division of the New York Mercantile. While, spot gold added by $0.98 points or 0.05% to $2,045.22 per ounce.