Gold futures finish lower on firm dollar, treasury yields
Gold futures finished lower on Tuesday, as the stronger dollar, stock markets and Treasury bond yields weighing down the non-yielding bullion investments. Moreover, profit booking at prevailing levels and as participants side-lined ahead to US non-payroll jobs data for July, which is due on Friday. Market keenly watched over the Job data as it might influence monetary stimulus tapering timeline by the Federal Reserve.
Gold futures for December dipped by $8.10 or 0.4% to settle at $1,814.10 an ounce on the Comex division of the New York Mercantile. While, spot gold was down by 0.2% to $1,809.79 per ounce.