Gold futures ended lower on Thursday as the investment appeal of the bullion got dampened with the gains in government bond yields and a stronger dollar. The greenback were at a two-month peak, while US 10-year Treasury yields were at a more than three-week high. Meanwhile, expectations over more monetary stimulus package capped some losses.
Gold futures for April delivery dipped by $43.90 or 0.24% to settle at $1791.20 an ounce on the Comex division of the New York Mercantile. Spot gold slipped by 0.9% to $1,818.00 per ounce.