Gold futures settled higher on Wednesday, kindled by the safe haven appeal of the bullion amidst intensified geopolitical uncertainties and on caution ahead to key US economic data. Retreat in US Treasury bond yield notes also added investment appeal of the bullion.
Gold futures for December delivery up by $8.80 or 0.44% to $1994.90 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $8.26 points 0.42% to $1,987.98 per ounce