Gold futures finish higher on Monday
Gold futures finished higher on Monday, kindled by the safe haven appeal of the bullion amidst escalating Iran-Israel tensions. Meanwhile, investors are closely eyeing for the Fed Chair Jerome Powell’s testimony before the US Congress on Tuesday and Wednesday, seeking greater clarity on the central bank's policy direction.
Gold futures for August delivery up by $9.30 or 0.27% to settle at $3,395.00 an ounce on the Comex division of the New York Mercantile. While spot gold slipped by $20.13 or 0.60% to $3,348.35 an ounce.
