Gold futures finish lower with strong dollar, bonds
Gold futures finished lower on Monday, pressured by the strength in dollar and on rising bond yield notes. Moreover, trimmed bets for immediate Fed interest rate cuts also dulled investment appeal of the bullion.
Gold futures for June delivery down by $20 to 0.41% to settle at $4,767.40 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $34.02 or 0.72% to $ 4,773.97 an ounce.
