Gold futures settled higher on Friday extending gains for the third consecutive session, kindled by a firmer US currency, which made the bullion less expensive for other currency holders and on a weaker US Treasury yields raising the investment appeal of the bullion. The yellow metal marked the highest finish over a week, while investors eyed on Federal Reserve's stimulus tapering after the strong US job reports.
Gold futures for August climbed by 0.4% or $6.50 to settle at $1783.30an ounce on the Comex division of the New York Mercantile. While, spot gold rose 0.4% to $1,784.21 per ounce.