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Gold futures finish lower for second straight session on Tuesday

17 Nov 2021 Evaluate
Gold futures finished lower for second straight session on Tuesday, though the yellow metal marked its highest intra-day level since June. Retail sales in the US spiked more than expected last month, weighing down the safe haven appeal of the bullion. A stronger dollar made the precious metal expensive for other currency holders.

Gold futures for December dipped by 0.7% to settle at $1,854.10 an ounce on the Comex division of the New York Mercantile. Spot gold fell by 0.6% to $1,851.80 per ounce.