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Gold futures finish lower on Friday

18 Jan 2025 Evaluate

Gold futures finished lower on Friday, as the strength in dollar and Treasury bond yield notes dulled investment appeal of the bullion. However, uncertainties over policies under incoming President Donald Trump and expectations of further U.S. interest rate cuts capped some losses in the session.

Gold futures for February delivery down by $2.20 or 0.08% to settle at $2,748.70 ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $11.06 or 0.41% to settle at $2,703.25 an ounce.