2026-01-07 10:50:44 am | Source: Accord Fintech
Gold futures finish sharply higher amidst US-Venezuela concerns
Gold futures finished sharply higher on Tuesday, as the safe haven appeal of the bullion got boosted following heightened geopolitical concerns following the US capture of Venezuelan President Nicolas Maduroa. Additionally, weakness in dollar and decline in US Treasury bond yield notes encouraged yellow metal buying.
Gold futures for February delivery up by $44.60 or 1% to settle at $ 4,496.10 an ounce on the Comex division of the New York Mercantile. However, spot gold down by $22.66 or 0.52% to $ 4,472.17 an ounce.
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