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Gold futures finish higher on Monday

23 Jun 2026 Evaluate

Gold futures finished higher on Monday as progress in U.S.–Iran peace talks weighed on oil prices and tempered some inflation concerns. Technical rebound and short-covering after a massive weekly drop also boosted yellow metal investments.

Gold futures for August delivery rose by $29.80 to 0.71% to settle at $4,202.70 an ounce on the Comex division of the New York Mercantile. However, spot gold plunged by $ 45.74 or 1.09% to $4,144.32 an ounce.