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Gold futures trade higher in early deals of Monday

04 Aug 2025 Evaluate
Gold futures traded higher in early deals of Monday, kindled by the weakness in dollar and growing bets on an interest rate cut. Moreover, safe-haven demand after US employment growth in July came in weaker than expected, also supported yellow metal investment. The yellow metal for the most active contract marked gain of about 1.92% for the week.

Gold futures for December delivery up by $ 12.90 or 0.38% to settle at $ 3,412.70 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $2.63 or 0.08% to $3,360.85 an ounce.

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