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Gold futures finish higher on Thursday

22 May 2026 Evaluate

Gold futures finished higher on Thursday amid conflicting reports about Iran's stance on moving its enriched uranium. Further, expectations of rising inflation supported investments in the yellow metal.

Gold futures for June delivery rose by $7.20 to 0.15% to settle at $4,542.50 an ounce on the Comex division of the New York Mercantile. However, spot gold dipped by $13.87 or 0.31% to $4,529.18 an ounce.