Gold futures settled higher on Friday, kindled by the weakness in dollar and on potential debate in Federal Reserve about pace of interest rate hike. The yellow metal for the most active contract marked gain for the week by 0.5%.
Gold futures for December up by $19.50 or 1.2% to settle at $1656.30 ounce on the Comex division of the New York Mercantile. Spot gold added by $29.67 or 1.82 % or $1,657.69 per ounce.