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Gold futures finish near three week lower level on Monday

27 Jul 2021 Evaluate
Gold futures finished near three week lower level on Monday posting just below the key psychological rate of $18000, amid some profit booking and cautiousness ahead to US Federal Reserve’s Policy meeting . However, easing trend in Treasury bond yield notes and dollar limited further losses.

Gold futures for August dipped by 0.1% or $2.60 to settle at $1,799.20an ounce on the Comex division of the New York Mercantile. Spot gold down 0.2% at $1,798.41 per ounce.