Gold Futures End Marginally Lower On Wednesday

Gold futures ended marginally lower on Wednesday despite the dollar slipped against a basket of major currencies and US data showed fewer-than-expected new jobs in July, bringing into question chances of the Federal Reserve raising interest rates in the coming months. Investors were looking ahead to the more comprehensive US non-farm payrolls report on Friday for a clearer indication of the Fed's intentions.

Gold futures for August delivery declined 0.08 percent, to settle at $1,278.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.2 percent at $1,270.43 an ounce.

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