Gold futures ended slightly lower on Wednesday, as the increased risk appetite in the market after the participants digested the highly anticipated 50 basis points interest rate hike by Federal Reserve boosted equity investments and pressured yellow metal investments slightly. However, retreat in US Treasury bond yields and weaker dollar capped losses.
Gold futures for June dipped by 0.1% at $1,868.80 ounce on the Comex division of the New York Mercantile. While, spot gold rose by 0.9% at $1,898.06 per ounce.