Gold futures finished near one weak low on Friday and registered its first weekly decline in three by falling about 1.9% for the most active contract of precious metal. Strength in dollar as well as Treasury bond yield notes and technical correction after reaching recent highs, saddled the yellow metal rates.
Gold futures for August delivery down by $22.40 or 0.66% to $3,385.70 an ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $2.51 or 0.07% to $ 3,368.39 an ounce.