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Gold futures trade lower in early deals of Monday

01 Jun 2026 Evaluate
Gold futures traded lower in early deals of Monday, saddled by the strength in dollar and on rising bond yield notes. Besides, dulled safe haven appeals amidst efforts to secure a longer-term ceasefire agreement between the US and Iran, also pressured the yellow metal rates. The precious metal for the most active contract had marked a weekly gain of about 1%.

Gold futures for August delivery down by $48.20 to 1.05% to $4,544.80 an ounce on the Comex division of the New York Mercantile. While, spot gold lower by $ 27.03 or 0.60% to $ 4,513.23 an ounce.

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