Gold futures finished higher on Friday, rebounding from nine session’s losses, buoyed by the decline in U.S. Treasury yields and dollar. Even though, concerns over the Federal Reserve’s higher-for-longer interest rate outlook capped some gains.
Gold futures for December delivery rose by $1.3 or 0.1% to settle at $1916.50 ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $0.12 or 0.01% at $1,889.31 per ounce.