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Gold futures finish higher on weak US job data

05 Jun 2021 Evaluate
Gold futures finished higher on Friday, rebounding from two week lower level after the May US non-farm payrolls came out weaker than expected dulling dollar and lifting the bullion investments. Gold for the most active contract however posted first weekly loss after four straight weekly gains of about 0.7%. 

Gold futures for August jumped by $18.70 to settle at $1892.00 an ounce on the Comex division of the New York Mercantile. While, spot gold was down at 0.1% at $1,869.56 per ounce.