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Gold futures finish higher on weak labour market

02 Feb 2024 Evaluate
Gold futures finished higher on Thursday, kindled by the safe haven appeal of the bullion amid concerns over disappointing US labour market reports. Besides, retreat in dollar and weaker US Treasury bond yield notes also supported yellow metal buying. 

Gold futures for April delivery up by $3.70 or 0.17% to settle at $2071.10 per ounce on the Comex division of the New York Mercantile. While, spot gold down by $0.58 points or 0.03% to $ 2,054.41 ounce.