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Gold futures finish lower as dollar firms

15 Mar 2024 Evaluate
Gold futures finished lower on Thursday saddled by the firmness in dollar and as bets of fed interest rate cuts by June got trivialized after hotter than expected US inflation data dulled investment appeal of the bullion. Additionally, safe haven appeal of the yellow metal dulled after dip in unemployment numbers. 

Gold futures for April delivery dipped by $13.30 or 0.60% to settle at $2167.50 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $2.87points or 0.13% to $2,165.06 per ounce.