COMMODITY
Gold futures finish higher on safe haven appeal
Jul-17-2025
Gold futures finished higher on Wednesday, kindled by the potential changes in Federal Reserve leadership, particularly surrounding Jerome Powell's position. Additionally, strong central bank accumulation and safe-haven demand contributed to the upward momentum in gold prices.

Gold futures for August delivery up by $22.40 or 0.67% to $3,359.10 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $4.90 or 0.15% to $3,342.23 an ounce.

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