Skip to main content

MoneyWorks4Me

Gold futures finish higher for third straight session on Wednesday

22 May 2025 Evaluate
Gold futures finished higher for third straight session on Wednesday, supported by dipping bond yield notes and on softness in dollar. Moreover, safe haven appeal of the bullion got boosted with the growing concerns over the US fiscal outlook, as well as ongoing unrest in the Middle East and President Trump appearing to withdraw from mediating the Russia-Ukraine conflict.

Gold futures for June delivery up by $51.10 or 0.09% to settle at $3,313.50 an ounce on the Comex division of the New York Mercantile. While, spot gold higher by $20.95 or 0.63% to $3,335.91 an ounce.