Gold futures finished higher for second straight session on Wednesday, kindled by the safe haven appeal after US Federal Reserve raised its benchmark interest rate by 25 basis points to 5-5.25%. Moreover, weakness in dollar and Treasury bond yield notes supported yellow metal buying.
Gold futures for June rose by 13.70 or 0.70% to settle at $2037.00 ounce on the Comex division of the New York Mercantile. Spot gold added $3.34 or 0.16% to $ 2,042.31 per ounce.