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Gold futures finish lower as dollar firms

08 Jul 2025 Evaluate
Gold futures finished lower on Monday, saddled by the firmness in dollar and on diminished expectations for a Federal Reserve interest rate cut. Moreover, optimism surrounding potential trade agreements reduced gold's appeal as a safe-haven asset. 

Gold futures for August delivery down by $3.70 or 0.11% to $3,342.80 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $5.56 or 0.16% to $3,331.00 an ounce.