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Gold futures finish lower as dollar firms

29 Dec 2023 Evaluate

Gold futures finished lower on Thursday after previous session’s three-week high rate, saddled by the firmer dollar. Albeit, the yellow metal for the most active contract had rose more than 13% in 2023 for its first annual gain in three years and had posted a new record high within the year.

Gold futures for February delivery dipped by $9.60 or 0.45% to $2083.50 per ounce on the Comex division of the New York Mercantile. However, spot gold jumped by $4.62 points or 0.22% to $2,070.23 ounce.


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