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.