Gold futures finished lower on Tuesday, saddled by the firmer dollar and as US consumer confidence rebounded sharply in May from near a five-year low, suggesting a more optimistic outlook for the economy and the labour market.
Gold futures for June delivery dipped by $65.40 or 1.94% to settle at $3,300.40 an ounce on the Comex division of the New York Mercantile. While, spot gold lower by $3.87 or 0.12% to $3,297.00 an ounce.