Gold futures finished lower on Monday, pressured by the firmness in headwinds dollar and US Treasury bond yield notes. Moreover, investment appeal of non-yielding bullion dulled after the Federal Reserve indicated high interest rates for prolonged period.
Gold futures for December delivery slipped by $9 or 0.46% to settle at $1936.60 ounce on the Comex division of the New York Mercantile. While, spot gold declined by $ 2.02 or 0.11% at $ 1,913.90 per ounce.