Gold futures finished lower on Tuesday, marking sharpest daily slide in two weeks as dollar gained momentum as a perceived safe haven asset in midst of fears over a new coronavirus variant in the United Kingdom.
Gold futures for February delivery was down by $12.50 or 0.7% at $1,870.30 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.7% to $1,862.55 per ounce.