Gold futures finished higher on Tuesday, kindled by the bets over interest rate cuts by the Federal Reserve as the FOMC two-day policy meeting that began on Tuesday. Solid ETF inflows and declining bond yield notes also encouraged yellow metal investments.
Gold futures for February delivery up by $18.50 or 0.44% to settle at $4,236.20 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $0.79 or 0.03% to $4,207.45 an ounce.
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