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Gold futures finish lower on strong dollar

31 Jul 2025 Evaluate
Gold futures finished lower on Wednesday, saddled by the strength in dollar and on firm Treasury bond yield notes. Stronger-than-expected US data, upbeat GDP growth and rise in private employment, dulled investment appeal of the safe-haven bullion.

Gold futures for August delivery down by $28.40 or 0.83% to settle at $3,352.80 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $19.90 or 0.61% to $3,295.08 an ounce.