Gold futures finished higher on Friday, kindled by the safe haven appeal of the bullion amidst geopolitical uncertainty, and global inflation fears. Additionally, softer dollar and weaker bond yield notes also buoyed the precious metal investments. The yellow metal for the most active contract marked about 2.6% loss for the week.
Gold futures for August delivery up by $26.70 to 0.67% to settle at $4,018.80 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $40.89 or 1.03% to $4,017.39 an ounce.