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Gold futures finish lower as dollar firms

28 Jan 2025 Evaluate
Gold futures finished lower on Monday, pressured by the strength in dollar ahead to Federal Reserve ought two-day policy meeting which is to begin today. Moreover, the Fed might keep rates elevated as President Donald Trump's policies are regarded inflationary.

Gold futures for February delivery down by $10.30 or 0.37% to settle at $2,738.40 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $0.67 or 0.02% to $2,740.14 an ounce.