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Gold futures finish higher as dollar, bonds slide

25 Jun 2024 Evaluate
Gold futures finished higher on Monday, supported by the softness in dollar and on sliding US Treasury bond yield notes. Additionally, persisting geopolitical tensions and bets over Fed interest rate cuts also supported precious metal rates. 

Gold futures for August delivery rose by $13.20 or 0.56% to settle at $2,344.40 per ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $7.48 or 0.32% to $2,327.17 an ounce.