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Gold futures finish higher on softer dollar, bonds

21 Feb 2024 Evaluate
Gold futures finished higher on Tuesday, kindled by the softness in dollar and US Treasury bond yield notes. Additionally, safe haven appeal with the lingering geopolitical uncertainties and recession fears also supported bullion investments. Meanwhile, investors keenly awaited later today’s US Federal Reserve’s last meeting minutes.

Gold futures for April delivery up by $15.70 or 0.77% to settle at $2039.80 per ounce on the Comex division of the New York Mercantile. While, spot gold added by $5.95 points or 0.29% to $2,030.36 ounce.