Gold futures finished higher on Thursday, whetted by the safe haven bullion bets with the rise in US jobless claims to a two month high level and on fears over continued surge in covid cases worldwide. Moreover, retreat in US Treasury Bond yield notes also buoyed yellow metal investments. Although firm dollar capped some bullion buying.
Gold futures for August jumped by 0.1% or $2 to settle at $1,805.40 an ounce on the Comex division of the New York Mercantile. Spot gold rose by 0.1% to $1,804.45 per ounce.