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Gold futures end lower on Tuesday

13 Jan 2021 Evaluate
Gold futures ended lower on Tuesday, in lacklustre trade as the higher bond yields pressured the yellow metal as they increase the opportunity cost of holding non-yielding bullion. However, weaker dollar limited some losses in the session.

Gold futures for February delivery slipped by 0.4% or $6.6 to settle at $1844.20.an ounce on the Comex division of the New York Mercantile. Spot gold rose 0.1% to $1,856.86 per ounce.