Gold futures finished sharply lower on Wednesday, registering lowest level in two months as the mounting tensions on economic recovery amid surging coronavirus cases and worries about a potential lockdown or other restrictive measures lifted the perceived safe haven dollar dulling yellow metal investments.
Gold futures for December delivery settled down 2.1% at 1,868.40 an ounce on the Comex division of the New York Mercantile. Spot gold dipped 1.9% to $1,862.56 an ounce.