COMMODITY
Gold futures finish lower on stronger dollar
Sep-23-2020
Gold futures finished lower on Tuesday, as the upbeat dollar pressured on bullion buying making it costlier for other currency holders. The US currency surged to one month high rate as the currency is perceived as safe haven amid concerns about fresh COVID-19 lockdowns implemented in London and other parts of Europe. Meanwhile, investors awaited for more cues ahead to speeches from Federal Reserve officials pausing yellow metal investment appeal.

Gold futures for December delivery shed $3, or 0.2%, to settle at $1,907.60 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.4% to $1,904.21 per ounce.
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