Gold futures finish lower ahead of inflation reading
Gold futures finished lower on Wednesday, saddled by the stronger dollar and on persisting higher for longer interest rate outlook by US Federal Reserve. Investors keenly awaited for Thursday’s US inflation reading. On the macroeconomic front, the US GDP rose by 3.2% over the previous period in Q4, dulling safe haven appeal of the bullion.

Gold futures for April delivery down by $1.40 or 0.06% to $2042.70 per ounce on the Comex division of the New York Mercantile. While, spot gold added by $1.52 points or 0.07% to $2,036.07 ounce.