Gold futures finished lower on Monday, weighed down by the stronger dollar and US Treasury Bond Yields amidst optimism over Russia-Ukraine peace talks next week. Moreover, easing supply concerns and interest rate hike by the US Federal Reserve’s also dulled yellow metal investments.
Gold futures for April dipped by 0.7% at $1,939.80 on the Comex division of the New York Mercantile. While, spot gold fell by 1.2% to $1,933.12 per ounce.