Gold futures ended higher on Friday, kindled by inflation hedge appeal of the yellow metal and on increasing safe haven appeal amid persisting Ukraine-Russia war. Moreover, weaker dollar and US Treasury bond yields also added the gains in the bullion. The precious metal however registers third straight weekly loss, down by 0.7% this week.
Gold futures for June rose by 0.4% to settle at $1,882.80 ounce on the Comex division of the New York Mercantile. While, spot gold climbed by 0.3% to $1,882.78 per ounce.