Gold futures finish tad lower on strong dollar
Gold futures finished tad lower on Tuesday, saddled by the strength in dollar and rising bond yield notes and on hawkish bets over Fed interest rates. However, hopes for an end to the prolonged Middle East conflict grew on reports that the US was pursuing talks with Iran trimmed losses in the session.
Gold futures for June delivery dipped by $5.40 to 0.12% to settle at $4434.10 an ounce on the Comex division of the New York Mercantile. While, spot gold soared by $98.27 or 2.20% to $ 4,573.78 an ounce.
