Gold futures ended lower on Wednesday, with the surging US Treasury yield dulling the investment appeal of the non-yielding bullion. However, the recent rise in US inflation has kept a lid on yellow metal investments.
Gold futures for June dipped by 0.6% to settle at $ $1,736.30 an ounce on the Comex division of the New York Mercantile. Spot gold down by 0.5% to $1,736.02 per ounce.