Gold futures ended higher on Wednesday, posting back above $1900 the key resistance whetted by the subdued US Treasury bond yields and increased safe haven investments ahead to the release of key US economic data which is expected to give more cues on inflation. Gold for the most active contract has marked finish near five month high level.
Gold futures for August climbed by 0.3% or $4.90 to settle at $1,909.90 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by 0.4% to $1,906.80 per ounce.