Gold futures finished lower on Friday, saddled by the stronger dollar and rising bond yield notes followed by the uncertainty over Fed interest rate cut bets. The yellow metal was trading near its all-time highs, with the safe haven hedge appeal against inflation and growing geopolitical risks after Russia moved its tactical nuclear weapons closer to Nato.
Gold futures for April delivery dipped by $6.60 or 0.27% to settle at $2161.50 per ounce on the Comex division of the New York Mercantile. While, spot gold declined by $6.29 points or 0.29% to $2,155.90 ounce.