Gold futures end lower after two-session decline

Gold futures end lower after two-session decline

Gold futures end lower after two-session decline

Gold futures ended with a loss on Thursday, easing back after posting gains in each of the last two trading sessions. The precious metal “appears stuck in ‘no man’s land’, battling rising yields on the short-end of the curve” as Federal Reserve members try to push back rate hike expectations, said Edward Moya, senior market analyst at Oanda. “Bullion continues to struggle to recapture the $1,800 level,” he said. December gold
GCZ21,
-0.25%

declined by $3, or 0.2%, to settle at $1,781.90 an ounce.