Gold futures finished higher on Wednesday, supported by the safe haven appeal of the bullion amidst ongoing economic uncertainties and geopolitical tensions. Moreover, weaker-than-expected US economic data, bolstered expectations for a potential interest rate cut by the Federal Reserve.
Gold futures for December delivery up by $9.30 or 0.27% to settle at $3,408.30 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $3.28 or 0.10% to $3,359.14 an ounce.
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