Gold futures finished higher on Friday, registering first loss in four straight sessions on account of technical buying after yellow metal plunged to three-month low rate amid hawkish global central bank outlook. Moreover, easing dollar and US Treasury bond yield notes also buoyed the bullion investments. However, gold for the most active contract dipped about 20 cents for the week, while marking losses of about 2.7% for the month and 2.9% for the quarter.
Gold futures for August delivery enlarged by $11.50 or 0.6% to settle at $1929.40 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $11.15 or 0.58% to $1,919.35 per ounce.