Gold futures ended lower for second straight session on Friday, as the safe haven bullion bets got weighed down by the unexpectedly strong US economic numbers. However, the down side remained capped on the woes surrounding global economic health amid Covid blows. Based on the most active contracts gold lost about 0.1% for the week.
Gold futures for June dipped by 0.2% 0r $4.20 to settle at $1,777.80 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.4% to $1,777.24 per ounce.