Gold Futures Fall, Set for Flat Price on Week


Gold futures fall, but remain broadly flat on week amid thin holiday trading.

Futures are down 0.4% at $2,642.20 a troy ounce. The precious metal has traded in a narrow range over the holiday period.

Gold prices have been supported by safe-haven demand on simmering geopolitical tensions. The situation in the Middle East remains highly uncertain, the Russia-Ukraine war drags on, and U.S.-China relations continue to be fraught, Goldman Sachs analysts write in a note.



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