MoneyWorks4Me

Gold futures finish lower as dollar firms

02 Jun 2026 Evaluate

Gold futures finished lower on Monday, saddled by strength in dollar and firm bond yield notes. Further, gold prices dropped as escalating tensions in the Middle East heightened inflation concerns and reinforced expectations that central banks may keep monetary policy tighter for longer.

Gold futures for August delivery down by $86.70 to 1.88% to settle at $4,506.30 an ounce on the Comex division of the New York Mercantile. However, spot gold rose by $13.32 or 0.30% to $4,498.30 an ounce.



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