Gold futures finished higher for fourth straight session on Thursday, whetted by the investment appeal of the bullion amidst bets on curtailing interest rates, softer dollar and dipping bond yields. Moreover, intensified geopolitical tensions also raised safe haven bullion appeal. The yellow metal for the most active contract marked 2.6% gain for the week.
Gold futures for June delivery up by $25.70 or 0.61% to settle at $2238.40 per ounce on the Comex division of the New York Mercantile. Spot gold increased by $35.08 points or 1.60% to $2,229.87 an once.