Gold futures traded higher in early deals of Friday, amid bets of less aggressive monetary policy tightening after the release of recent Fed policy meeting minutes. However, firmer dollar capped some gains in the session.
Gold futures for February added $14.6 or 0.83% to $ 1775.0 ounce on the Comex division of the New York Mercantile. Spot gold down by $4.07 or 0.23% to $1,759.31 per ounce.