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Gold futures finish lower as dollar firms

28 May 2025 Evaluate
Gold futures finished lower on Tuesday, saddled by the firmer dollar and as US consumer confidence rebounded sharply in May from near a five-year low, suggesting a more optimistic outlook for the economy and the labour market.

Gold futures for June delivery dipped by $65.40 or 1.94% to settle at $3,300.40 an ounce on the Comex division of the New York Mercantile. While, spot gold lower by $3.87 or 0.12% to $3,297.00 an ounce.