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Gold futures finish higher on Friday, marks 2% weekly gain

04 Mar 2023 Evaluate
Gold futures finished higher on Friday, kindled by the weakness in dollar and as investors gauged on Federal Reserve’s monetary policy outlook. The yellow metal for the most active contract also rose 2% for the week, registering first weekly gain after four consecutive weeks of decline.

Gold futures for April rose $14.10 or 0.77% to $1854.60 ounce on the Comex division of the New York Mercantile. While, spot gold added by 1.12% or $20..61 to $1,856.48 per ounce.