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25-Jul2017

Gold futures end lower as dollar strengthens

Gold futures ended lower on Monday, as the US dollar strengthened against a basket of major currencies, after bullion rose to a one-month high as political turmoil in the United States boosted sentiment ahead of a Federal Reserve monetary policy meeting this week.

Gold futures for August delivery declined $60, or less than 0.1 percent, to settle at $1,254.30 an ounce on the Comex division of the New York Mercantile. While, spot gold was flat at $1,254.45 an ounce.


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