Gold futures finished lower on Thursday, pressured by the strength in headwinds dollar and US Treasury bond yield notes. Moreover, hike in US PCE index by 0.2% also spooked woes over more hawkish Federal Reserve dulling investment appeal of the bullion. The yellow metal for the most active contract registered 2.2% loss for the month.
Gold futures for December delivery slipped by $7.10 or 0.36% to settle at $1965.90 ounce on the Comex division of the New York Mercantile. While, spot gold down by $1.46 or 0.08% at $1,938.73 per ounce.