Gold futures finished lower on Tuesday, saddled by the firmness in dollar and US Treasury bond yield notes along with the woes over prolonged elevated Federal Reserve benchmark interest rates. Moreover, US job openings rose in May, surpassing forecasts after sharp declines in the prior two periods dulling safe haven appeal of the bullion. Meanwhile, market closely eyed the FOMC minutes due later in the day and Friday’s nonfarm payrolls report.
Gold futures for August delivery dipped by $5.50 or 0.23% to $2,333.40 per ounce on the Comex division of the New York Mercantile. While, spot gold up by $ 3.71 or 0.16% to $ 2,333.17 an ounce.