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Gold futures down 4 sessions in a row

Clyde Edgerton by Clyde Edgerton
May 25, 2023
in Markets
Gold futures down 4 sessions in a row
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Gold futures settled lower Thursday for a fourth session in a row. The stronger U.S. dollar, as well as higher Treasury yields, pressured gold prices, said Michael Hewson, chief market analyst at CMC Markets UK. Prices for the most-active contract marked their lowest finish since March 21, according to FactSet data. Gold for June delivery
GCM23,
-1.11%
fell $20.90, or 1.1%, to settle at $1,943.70 an ounce on Comex.



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