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Gold futures finish lower on economic uncertainty

24 Sep 2020 Evaluate
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.