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Gold futures finish lower for third straight session

11 Jan 2024 Evaluate
Gold futures finished lower for third straight session on Wednesday, pressured by the risk appetite in the market ahead of US inflation data that could gauge on Federal Reserve's interest rate cut outlook this year. Stronger dollar also saddled investment appeal of the bullion.

Gold futures for February delivery dipped by $5.20 or 0.25% to settle at $2027.80 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $6.85 points or 0.34% to $2,031.26 ounce.