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Gold futures end higher on Thursday

16 Oct 2020 Evaluate
Gold futures ended higher on Thursday, on back of the safe haven appeal of the bullion amid Europe’s struggle with the rise in COVID-19 cases, lockdowns and the ongoing talks over Brexit. Although, strength in dollar capped further gains.

Gold futures for December delivery tacked on $1.60, or 0.08%, to settle at $1,908.90 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.1% at $1,903.39 an ounce.