Gold futures finished lower for third straight session on Wednesday, registering lowest settlement in six and half months as the headwinds dollar and bond yield continue to rally. Moreover, hawkish Federal Reserve measures also dulled investment appeal of the yellow metal.
Gold futures for December delivery slipped by $28.90 or 1.50% to settle at $1890.90 ounce on the Comex division of the New York Mercantile. While, spot gold declined by $0.57 or 0.03% at $1,874.55 per ounce.