Gold Hits Highest Settlement in Over a Week

4 June 2024

Gold futures rose on Monday, reaching their highest level in over a week as they recovered from Friday’s losses. The increase was supported by a weaker U.S. dollar and lower Treasury yields, which make dollar-denominated gold more attractive. August gold on Comex settled at $2,369.30 an ounce, up 1% from the previous session.

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