Gold futures finished lower on Thursday, saddled by the strength in dollar and US Treasury yield notes. Moreover, rising crude oil rates spooked inflation fears and intensified bets on higher interest rates by Federal Reserve dulling investment appeal of the bullion.
Gold futures for June delivery down by $21.40 to 0.45% to settle at $4,685.30 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $38.44 or 0.83% to $ 4,613.54 an ounce.