Gold futures finished higher on Thursday, kindled by safe haven appeal of the bullion amidst escalated Middle East geopolitical risks. Jitters heightened after US President Biden on Thursday refrained from directly condemning the potential for Israel to target Iran. Meanwhile, market closely awaited release of September jobs data later today for further insights.
Gold futures for December delivery up by $9.50 or 0.35% to settle at $2,679.20 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $6.95 or 0.26% to $2,662.84 an ounce.