Gold futures finished higher on Wednesday, though failed to notch key $1800 benchmark ahead to the impending key Central Bank decisions. The European Central Bank policy meeting is on Thursday, while the US Federal Reserve’s meet is on November 3. Additionally, weakness in greenback and easing bond yield notes also supported yellow metal gains. However, gain in the bullion remained capped with the strong risk appetite in the stock market.
Gold futures for December rose by 0.3% to settle at $1,798.80 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.2% at $1,796.55 per ounce.