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Gold futures finish higher on safe-haven appeal

29 May 2026 Evaluate

Gold futures finished higher on Thursday, kindled by safe haven appeal amidst ongoing geopolitical tensions between the US and Iran. However, rise in dollar and strength in bond yield notes capped upside trend.

Gold futures for August delivery up by $50.90 to 1.13% to $ 4,532.40 an ounce on the Comex division of the New York Mercantile. spot gold higher by $2.05 or 0.05% to $ 4,497.34 an ounce.