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Gold futures finish sharply lower on strong dollar, bonds

Gold futures finished sharply lower on Monday, saddled by the strength in dollar and on rising bond yield notes. Meanwhile, investors keenly awaited second round of US-Iran negotiations before their two-week ceasefire expires this week. 

Gold futures for June delivery tumbled by $50.80 to 1.04% to $4,828.80 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $27.19 or 0.56% to $ 4,793.47 an ounce.