Gold futures finished lower on Monday, as the investment appeal of the bullion got pressured by a slight tick in 10 year Treasury bond yield notes. Meanwhile, recent reports on weak US job market and slower-than-expected consumer inflation raised bets on possible of Fed tightening campaign capping some losses in the safe haven bullion.
Gold futures for December delivery down by $4.4 or 0.22% to $1985.30 ounce on the Comex division of the New York Mercantile. While, spot gold added by $14.48 points or 0.73% to $1,992.55 per ounce.