Gold futures settled slightly higher on Wednesday, on support of risk aversion with the inflation worries and as US Treasury yields dipped ahead to Friday’s US Job data release. Even though a stronger dollar limited further gains in the green back denominated bullion.
Gold futures for December rose by 0.05% or 90 cents at $1761.80 an ounce on the Comex division of the New York Mercantile. While, spot gold remained flat at $1,761.36 per ounce.