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Gold futures finish lower as dollar picks up

20 Mar 2024 Evaluate
Gold futures finished lower on Tuesday, pressured by the strength in dollar and rising bonds.  Persisting high interest rates and scaled back bets on June Fed rate cut after hotter than expected US inflation also dimmed investment appeal of the bullion.

Gold futures for April delivery down by $4.60 or 0.21% to settle at $2159.70 per ounce on the Comex division of the New York Mercantile. While, spot gold increased by $1.41 points or 0.07% to $2,159.00 ounce.