Gold futures ended higher on Friday rebounding from previous session losses, as dollar paused its two day straight rally and the yellow metal kindled by its safe haven investment appeal amid pre-election jitters and on mounting concerns over spike in covid cases. However, gold for the most active contract marked third weekly loss for the week.
Gold futures for December delivery settled up 0.6% to $1,879.90 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.6% at $1,879.01 per ounce.