Gold futures finished higher on Thursday as the safe haven appeal of the bullion boosted on account of inflation worries raised by the Russia- Ukraine Crisis. Meanwhile, bets on aggressive Federal Reserve rate hike plans limited some gains in the yellow metal rates.
Gold futures for June rose by $14.7 or 0.8% to settle at $ 1937.8 per ounce on the Comex division of the New York Mercantile. Spot gold was up by 0.5% to $1,934.69 per ounce.