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01-Dec2017

Gold futures end lower on Thursday

Gold futures ended at their lowest level in more than a week on Thursday, as dollar firmed against a basket of currencies. The yellow metal deepened its cut as a round of US economic data did little to sway markets from expectations for an interest-rate hike later this month.

Gold futures for December delivery settled down $8.90, or 0.7 percent, at $1,273.20 per ounce on the Comex division of the New York Mercantile. While, spot gold was dipped 0.7 percent at $1,274.51 an ounce.


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