Gold futures finish higher as dollar dips
Gold futures finished higher on Friday, buoyed by the dip in dollar and on decline in US Treasury bond yield notes. Additionally, safe haven appeal amidst persisting global conflicts and political tensions fuelled the positive trend. However, the yellow metal for the most active contract marked loss of about 2% for the week.
Gold futures for June delivery rose by $14.90 to 0.32% to settle at $4,644.50 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $3.64 or 0.08% to $4,614.21 an ounce.
