Gold futures settled lower on Tuesday, with strength in the U.S. dollar and Treasury yields pushing prices down for a second session. “There is a degree of optimism around the vaccination rollout and the restarting of the economy,” said David Russell, director of marketing at GoldCore. “Gold appears not to be fairing very well in this environment, having traded below $1,680” during the session. April gold
GCJ21,
-1.73%
fell $28.30, or nearly 1.7%, to settle at $1,683.90 an ounce after losing 1.2% on Monday. Prices based on the most-active contract ended at their lowest since March 8, FactSet data show.
