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Gold futures finish lower as dollar, bonds firm

26 Sep 2023 Evaluate
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.