Gold futures settled slightly lower on Wednesday in a volatile trade, pared its losses after the release of the Federal Reserve’s July policy meeting minutes. The stronger dollar pressured the bullion investments as it made the yellow metal expensive for third currency holders.
Gold futures for December dipped by 0.2% or $3.4 to settle at $1,784.4 an ounce on the Comex division of the New York Mercantile. While, spot gold up 0.1% at $1,786.76 per ounce.