COMMODITY
Gold futures trade higher in early deals on Tuesday
Sep-02-2025

Gold futures traded higher in early deals on Tuesday, buoyed by the Federal Reserve interest rate cut bets this month and a weaker dollar. Moreover, lingering concerns over the US central bank's independence and uncertainty surrounding President Donald Trump's tariffs boosted safe haven appeal of the bullion. The US stock market was closed on Monday for Labor Day holiday.

Gold futures for December delivery up by $47.40 or 1.35% to $3,563.50 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $19.40 or 0.56% to $3,495.47 an ounce.




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