Gold futures finished lower on Thursday, as the safe haven appeal of the bullion dulled with the risk appetite in the ahead to US non-farm payrolls data due later in the day, which could gauge the Fed monetary policy outlook. Meanwhile, US unemployment benefit filing data on Thursday pointed to continued tight labor market that will continue to underpin the economy in Q2. Firmer US Treasury bond yield notes also saddled investment appeal of the non-yielding bullion.
Gold futures for June delivery dipped to $1.40 or 0.06% to settle at $2309.60 per ounce on the Comex division of the New York Mercantile. While, spot gold up by $ 2.49 points or 0.11% to $ 2,306.32 an ounce