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Gold futures closed higher in the domestic market on Wednesday as the U.S. dollar backed away from the session’s highs, giving the precious metal an opportunity to rebound after a four-session fall. The gains for gold, however, looked vulnerable as U.S. equities climbed on the back of optimism surrounding the Trump administration’s plan to deliver tax reforms and bond yields strengthened in the wake of hawkish comments
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Gold futures closed higher in the domestic market on Wednesday as the U.S. dollar backed away from the session’s highs, giving the precious metal an opportunity to rebound after a four-session fall. The gains for gold, however, looked vulnerable as U.S. equities climbed on the back of optimism surrounding the Trump administration’s plan to deliver tax reforms and bond yields strengthened in the wake of hawkish comments
