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Gold futures finished lower as dollar picks up

15 Sep 2022 Evaluate
Gold futures finished lower on Wednesday as dollar firmed against its peers making the green-back denominated yellow metal expensive for other currency holders. The bullion finished near two-month low rate in the session.

Gold futures for December dipped by $8.30 or 0.5% to $1709.10 an ounce on the Comex division of the New York Mercantile. Spot gold declined by 0.35% or $ 5.91 to $ 1,691.41 per ounce.