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Gold futures finish sharply lower as dollar, bonds dip

24 Jul 2025 Evaluate
Gold futures finished sharply lower on Wednesday, after three straight sessional gains, as optimism over further trade deals between the US and key partners dampened the metal’s safe-haven appeal. Strength in dollar and rising bond yield notes also kindled investment appeal of yellow metal.

Gold futures for August delivery down by $46.10 or 1.33% to settle at $3,397.60 an ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $3.75 or 0.11% to $3,383.54 an ounce.