Gold futures finished slightly lower on Wednesday, pressured by the strength in dollar and US Treasury bond yield notes. However, cautious stance on interest rate cuts by Federal Reserve and the safe-haven appeal amidst rising trade tensions and economic uncertainty trimmed losses in the session.
Gold futures for April delivery down by $3.90 or 0.13% to settle at $2,928.70 ounce on the Comex division of the New York Mercantile. Spot gold rose by $12.77 or 0.44% to $2,916.81 an ounce.