Gold futures ended lower on Wednesday on heightened expectations that the US Federal Reserve will raise interest rates again this year. Yellow metal prices declined further as stocks and the dollar moved higher and traders watched the roll-out of a Republican plan to overhaul the US tax code.

Gold futures for December delivery declined $13.90, or 1.07 percent, to settle at $1,287.80 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.7 percent at $1,284.61 an ounce.

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