Gold futures finish lower on strong dollar
Gold futures finished lower on Thursday, saddled by the strength in dollar and on rising Treasury yields. Beside, dulled expectations of a December Federal Reserve rate cut followed by rise in nonfarm payrolls in September, also trimmed the yellow metal rates.
Gold futures for December delivery dipped by $22.80 or 0.56% to settle at $4,060.00 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $24.48 or 0.58% to settle at $ 4,052.71 an ounce.
