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Gold futures finish lower for fourth straight session

25 May 2024 Evaluate
Gold futures finished lower for fourth straight session on Friday, saddled by the hawkish Federal Reserve comments followed by the recent robust US economic data. The yellow metal for the most active contract settled near two-week low level and registered 3.4% dip for the week.

Gold futures for June delivery down by $2.0 or 0.09% to settle at $2335.2 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $4.56 points or 0.20% to $2,333.83 an ounce.