MoneyWorks4Me

Gold futures finish higher on safe haven appeal

08 Oct 2025 Evaluate
Gold futures finished higher on Tuesday, kindled by the safe haven appeal amidst global economic uncertainties as the US government shutdown stretches to its second week, delaying key economic data, and complicating assessments of the country’s economic health. Moreover, dovish Federal Reserve outlook and softer dollar also buoyed the yellow metal rates.

Gold futures for December delivery up by $28.10 or 0.71% to $4,004.40 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $35.29 or 0.91% to $ 4,020.14 an ounce.

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