COMMODITY
Gold futures trade higher in early deals on Monday
Jun-02-2025
Gold futures traded higher in early deals on Monday, kindled by the safe haven appeal of the bullion followed by new tariff threat by the US President Donald Trump on steel-aluminium imports, continued China-US trade conflicts, and Ukraine-Russia drone strikes. Moreover, weaker bond yield notes also buoyed yellow metal investments. The yellow metal for the most active contract had marked loss of about 1.5% for the week.

Gold futures for August delivery up by $18.60 or 0.56% to $3,334.00 an ounce on the Comex division of the New York Mercantile. While, spot gold higher by $23.58 or 0.72% to $3,312.83 an ounce.

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