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Gold futures finish lower as dollar Strengthens

01 Feb 2025 Evaluate

Gold futures finished lower on Friday, pressured by the strength in dollar and bond yield notes. However, dovish major central banks around the world and lack of clarity in impact of US President Trump’s tariffs also supported investment appeal of the bullion.

Gold futures for February delivery down by $10.20 or 0.36% to settle at $2,835.00 ounce on the Comex division of the New York Mercantile. Spot gold rose by $3.82 or 0.14% to $2,798.41 an ounce.