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Gold futures finish higher on softer dollar

12 Mar 2025 Evaluate
Gold futures finished higher on Tuesday, kindled by the softness in dollar and dip in bond yield otes . Additionally, the yellow metal rates got boosted with the safe haven appeal amidst ongoing global trade uncertainties, combined with heightened concerns over a US tariff-induced recession, continued to drive investors toward safety assets.

Gold futures for April delivery up by $21.50 or 0.74% to settle at $ 2,920.90 ounce on the Comex division of the New York Mercantile. While, spot gold up by $1.00 or 0.03% to settle at $2,914.90 an ounce.