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Gold futures finish higher on softer dollar, bonds

16 Apr 2025 Evaluate
Gold futures finished higher on Tuesday, kindled by the weakness in dollar and on dipping US Treasury bond yield noted. Moreover, uncertainty over President Donald Trump’s tariff plans buoyed safe haven appeal of the bullion. Expectations of Fed interest rate cuts also kindled yellow metal rates. 

Gold futures for June delivery rose by $14.10 or 0.43% to settle at $3,240.40 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $49.16or 1.52% to $3,279.88 an ounce.