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Gold futures settle lower as dollar strengthens

17 Sep 2021 Evaluate

Gold futures settled lower on Thursday as US dollar strengthened against its peers dented sentiment, while investors await a key US Federal Reserve meeting for clues on when the central bank will start to taper stimulus.

Gold futures for December delivery fell 2.1% to settle at $1,756.70 an ounce on the Comex division of the New York Mercantile. Spot gold was down by 0.24% to $1,758.37 per ounce.