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Gold futures finish lower as dollar firms

19 May 2026 Evaluate
Gold futures finished lower on Monday, as the intensified geopolitical tensions in the Middle East lifted dollar rates as a perceived safe haven. Besides, soaring crude oil rates and bets on hawkish stance by Federal Reserve also saddled yellow metal rates.

Gold futures for June delivery down by $3.90 to 0.08% to $4,558.00 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $27.29 or 0.60% to $ 4,539.38 an ounce.