Gold futures finished with sharpest daily gain of the month on Thursday marking six week high rate kindled by the Federal Reserve's reiteration of its dovish stance on monetary policy until economic rebound, as dollar dipped to a two-week low, and on easing US Treasury yields. The yellow metal also got boosted with the safe haven appeal followed by the reports that new US claims for unemployment benefits unexpectedly rose last week.
Gold futures for June rose nearly 1.00% to settle at $1758.20 an ounce on the Comex division of the New York Mercantile. Spot gold was up 1.1% at $1,756.93 per ounce.