Gold futures finished lower on Monday, pressured by the firmer bond yield notes and on pick up in dollar rates amidst persisting high interest rates for a prolonged period. The US PPI is set to be released later on the day, with the CPI following on Wednesday.
Gold futures for June delivery down by $32 or 1.34% to settle at $ 2343.00 per ounce on the Comex division of the New York Mercantile. While, spot gold up by $7.74 points or 0.33% to $ 2,344.06 an ounce.