MoneyWorks4Me

Gold futures finish sharply higher on Thursday

10 Jul 2026 Evaluate
Gold futures finished sharply higher on Thursday after two straight sessions of losses, kindled by the retreat in dollar value and on safe haven appeal with the escalating Middle East conflicts. Furthermore, consistent central bank accumulation and shifting rate-cut expectations prompted by softer-than-anticipated labour market data, bolstered the rally.

Gold futures for August delivery surged by $58.40 to 1.43% to settle at $4,140.80 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $1.48 or 0.04% to $ 4,125.12 an ounce.

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