Gold futures finished higher on Friday, whetted by the intensified bets over slower interest rate hikes by Federal Reserve followed by the dip in US inflation rate. The yellow metal for the most active contract marked its fifth straight weekly gain, as dollar and US bond yields marked weekly decline despite its gains on Friday.
Gold futures for February up by $4.30 or 0.20% to settle at $1928.20 ounce on the Comex division of the New York Mercantile. While, spot gold down by 0.32% or $6.16 to $1,926.08 per ounce.