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Gold futures finish higher on softer dollar, bonds

02 Mar 2024 Evaluate
Gold futures finished higher on Friday, whetted by the dip in dollar and on sliding US Treasury bond yield notes.  Moreover, safe haven appeal of the bullion got boosted with the sluggish February US economic data. The yellow metal for the most active contract marked second consecutive weekly gain, jumping 2.25%.

Gold futures for April delivery up by $41 or 1.99% to $2095.70 per ounce on the Comex division of the New York Mercantile. While, spot gold added by $38.62 points or 1.89% to $2,082.92 ounce.