Gold futures finished sharply lower on Monday, saddled by the strength in dollar and on rising bond yield notes. Meanwhile, investors keenly awaited second round of US-Iran negotiations before their two-week ceasefire expires this week.
Gold futures for June delivery tumbled by $50.80 to 1.04% to $4,828.80 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $27.19 or 0.56% to $ 4,793.47 an ounce.