Gold futures finished higher on Friday, kindled by the inflation hedge appeal of the bullion in midst of expectations that corona relief fund will be passed soon by the US government and as the yellow metal investments got cheaper with the subdued dollar. The bullion for the most active contract marked loss of 2.5% for the week.
Gold futures for April delivery rose by 0.1% or $2.40 to settle at $1,777.40 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.3% at $1,780.86 per ounce.