Extending their recent gains, gold futures ended higher on Wednesday, touched highest settlement since January 7, 2021, with lingering worries about the Russia-Ukraine crisis pushing up demand for the safe-haven asset. However, a stronger dollar limited the yellow metal's uptick.
Gold futures for April rose by 0.2% to settle at $ 1,910.40 on the Comex division of the New York Mercantile. However, spot gold dropped 0.2% to settle at $1,894.82 per ounce.