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Gold futures finish slightly lower ahead to US jobs data

03 Nov 2023 Evaluate
Gold futures finished slightly lower on Thursday, as the investment appeal of the bullion dulled as Federal Reserve left the door open to further monetary tightening, while it maintained the high interest rate unchanged.  Meanwhile, investors awaited for US non-farm payroll data for further cues. Moreover, stronger dollar also pressured the greenback denominated yellow metal buying.

Gold futures for December delivery dipped by $6 or 0.04% to $1993.50 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $0.04 points or 0.001% to $ 1,985.74 per ounce.