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Gold futures end lower on Wednesday

14 Sep 2023 Evaluate
Gold futures ended lower on Wednesday, extending losses to second straight session as the August US inflation rose slightly supporting bets of continued Fed interest rate hikes. Additionally, jump in greenback also pressured buying of dollar denominated bullion.

Gold futures for December delivery dipped by $2.60 or 0.13% to $1932.50 ounce on the Comex division of the New York Mercantile. While, spot gold jumped by $1.92 or 0.10% at $1,910.04 per ounce.