Skip to main content

MoneyWorks4Me

Gold futures finish higher on safe haven appeal

05 Jun 2026 Evaluate
Gold futures finished higher on Thursday, on account of safe haven appeal amidst ongoing uncertainty in the Middle East and on rising inflation with the soaring crude oil rate. Additionally, softer dollar and declining bond yield notes also buoyed the yellow metal investments.

Gold futures for August delivery up by $38.10 to 0.85% to settle at $4,505.00 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $ 34.57 or 0.77% to $4,440.23 an ounce