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Gold futures finish tad lower on Tuesday

27 Jul 2022 Evaluate
Gold futures finished slightly lower on Tuesday, extending losses to second consecutive day amid dollar fell against a basket of currencies. Moreover, major position taking halted as traders keenly awaited for minutes from Federal Reserve monetary policy meeting.

Gold futures for August down by $1.40 or 0.08% to $1717.70 ounce on the Comex division of the New York Mercantile. Spot gold was lower by 0.1% to $1718.97 per ounce.