Gold futures finished lower on Wednesday, saddled by the firmer dollar and rising bond yield notes. Meanwhile, participants awaited further economic data and insights from the Federal Reserve regarding future monetary policy, leading to reduced buying interest in gold.
Gold futures for August delivery dipped by $5.90 or 0.17% to settle at $3,322.40 an ounce on the Comex division of the New York Mercantile. While, spot gold lower by $13.73 or 0.42% to $3,273.75 an ounce.