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Gold futures finish higher after hawkish fed minutes

09 Oct 2026 Evaluate

Gold futures finished higher on Thursday, kindled by the safe haven appeal amidst unabated geopolitical tensions and growing concerns over US government debt. Furthermore, declining expectations over October Fed interest rate hike after cooler-than-expected September jobs report, also buoyed the yellow metal rates.

Gold futures for December delivery up by $16.30 or 0.39% to settle at $4,157.00 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $44.02 or 1.07% to $4,176.52 an ounce.