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Gold futures trade lower in early deals of Monday

11 May 2026 Evaluate
Gold futures traded lower in early deals of Monday, saddled by the strength in dollar and rising bond yield notes. Bets on high-interest rates from the Federal Reserve also pressured yellow metal investments. The precious metal for the most active contract marked weekly gain of about 1.42%.

Gold futures for June delivery down by $44.70 to 0.94% to $4,686.00 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $39.88 or 0.85% to $ 4,675.37 an ounce.