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Gold futures finish lower on stronger dollar

07 Oct 2020 Evaluate
Gold futures finished lower on Tuesday retreating from previous session’s 2 week high level, amid hopes for potential fiscal stimulus from Washington. Besides, stronger dollar also weighed on bullion investments.

Gold futures for December delivery fell $11.30, or 0.6%, to settle at $1,908.80 an ounce on the Comex division of the New York Mercantile. Spot gold dropped 1.4% to $1,886.01 per ounce.