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Gold futures finish tad lower as dollar strengthens

01 Jul 2026 Evaluate
Gold futures finished slightly lower on Tuesday, driven by a stronger dollar and on growing expectations of further Federal Reserve interest rate hikes. The yellow metal for the most active contract recorded a massive monthly dip of over 12% in June 2026, and plunged roughly about 13.5% over the second quarter of 2026.

Gold futures for August delivery down by $0.40 to 0.001% to $4,038.50 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $ 30.22 or 0.75% to $ 3,977.80 an ounce.

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