Gold futures finished higher on Friday after three consecutive losses, due to safe haven appeal of the bullion and on bargain hunting at prevailing levels. The yellow metal for the most active contract marked weekly fall of 1.9%, marking sharpest fall since February 3, pressured by the firmness in dollar on optimism over US debt ceiling deal.
Gold futures for June up by $21.80 or 1.1% to settle at $1,981.60 ounce on the Comex division of the New York Mercantile. While, spot gold added by $20.26 or 1.03% to $1,977.81 per ounce.