Gold futures finished higher on Thursday, due to its safe-haven status amid Trump’s shifting tariff policies and escalating global trade tensions. Moreover, softer US Treasury bond yield notes also buoyed the yellow metal investment appeal. Meanwhile, participants closely eyed on the non-farm payrolls report for clues on the Federal Reserve’s policy direction. The yellow metal for the most active contract is on track of gain for the week.
Gold futures for April delivery rose by $0.60 or 0.02% to settle at $ 2,926.60 ounce on the Comex division of the New York Mercantile. While, spot gold down by $1.85 or 0.06% to settle at $ 2,917.54 an ounce.