Gold futures finished lower on Tuesday, as the firmer dollar and US Treasury bond yields saddled investment appeal of the non-yielding bullion. Even though, surging inflation and global economic heath concerns capped some losses in the session.
Gold futures for August fell by 0.5% or $8.90 to settle at $1848.40 ounce on the Comex division of the New York Mercantile. Spot gold dipped by 0.5% at $1,847.50 per ounce.