COMMODITY
Gold futures finish tad higher after Fed decision
Jan-30-2025
Gold futures finished slightly higher on Wednesday, whetted by the dip in dollar and as US Federal Reserve in its much-awaited monetary policy decision kept the interest rate steady. Additionally, yellow metal rates got boosted followed by China’s gold buying to build up its reserves, and on diminished US Treasury bond yield notes.

Gold futures for February delivery up by $2.30 or 0.08% to settle at $2,769.80 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $1.27 or 0.05% to $2,760.63 an ounce.

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