Gold futures finished lower on Wednesday, pressured by the strength in dollar and bond yield notes. Additionally, stronger than expected US economic data and accelerated bets on continued interest rate hikes also dulled the yellow metal investments.
Gold futures for December delivery finished lower by $8.40 or 0.74% to $1944.20 ounce on the Comex division of the New York Mercantile. While, spot gold jumped by $3.48 or 0.18% at $1,920.04 per ounce.