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Gold futures finish lower as dollar and bonds rise

03 Dec 2024 Evaluate
Gold futures finished lower on Monday, saddled by the rise in dollar and bond yield notes. Moreover, ambiguity over sharper Fed interest rate cut also curtailed yellow metal investments. 

Gold futures for December down by $22.50 or 0.84% to $2,658.50 ounce on the Comex division of the New York Mercantile. While, spot gold added by $1.33 or 0.05% to $ 2,640.46 per ounce.