Gold futures finished higher on Thursday, extending gains to the second straight session with the hedge appeal of the bullion after consumer price index surged than expected of about 5% jump than earlier. However stronger dollar limited gains.
Gold futures for August rose by 0.1% or 90 cents at $1896.40 an ounce on the Comex division of the New York Mercantile. Spot gold was up by 0.3% at $1,893.75 per ounce.