Gold futures trade tad lower in early deals on Monday
Gold futures traded tad lower in early deals on Monday, with the fading hopes for immediate interest rate cuts by the Federal Reserve and on technical correction after the yellow metal rates soared with the Middle East conflicts entering its fifth week.
Gold futures for June delivery down by $3.70 to 0.08% to $4,520.60 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $6.52 or 0.15% to $ 4,500.61 an ounce.
