Gold futures finished lower on Friday, after two straight sessional gains, with the stronger dollar and rising bond yield notes. The safe haven appeal of the bullion dulled with the trimmed expectations of further Federal Reserve rate cuts and a US-China trade deal. The yellow metal for the most active contract marked about 3% loss this week and rose about 2% for the month.
Gold futures for December delivery down by $19.40 or 0.49% to settle at $3,996.50 per ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $21.62 points or 0.54% to $4,002.92 ounce.