Gold futures finished slightly lower on Friday, saddled by the firmness in dollar and bond yield notes dulling investment appeal of the green back denominated non-yielding bullion. Meanwhile, the core PCE prices climbed by 2.9% in December YoY, below estimates of 3% and indicating dip in inflationary pressures, kindling expectations of interest rate cuts and weighing down bullion rates.
Gold futures for April delivery down by $70 or 0.03% to settle at $2036.10 per ounce on the Comex division of the New York Mercantile. While, spot gold added by $2.32 points or 0.11% to $ 2,018.52 ounce.