Gold futures finished higher on Thursday rebounding from previous session’s sharp correction with the strength in dollar with the bets that Fed might move on to hawkish stance, ahead to the Fed Chair Jerome Powell’s speech during Friday’s Jackson Hole symposium.
Gold futures for December rose by 0.2% at $1,795.20 an ounce on the Comex division of the New York Mercantile. Spot gold up by rose 0.1% to $1,792.01 per ounce.