Gold futures finished lower on Tuesday, saddled by a stronger dollar, rising bond yield notes and easing trade tensions. Meanwhile, investors closely awaited upcoming US inflation data for insights into the economic impact of recent tariffs and clues on the Federal Reserve’s monetary policy direction.
Gold futures for August delivery down by $11.50 or 0.34% to settle at $3,343.40 an ounce on the Comex division of the New York Mercantile. While, spot gold higher by $16.77 or 0.50% to $3,340.46 an ounce.