Gold futures finished higher on Wednesday, kindled by the safe haven appeal of the bullion following global equity sell-offs and financial market uncertainty. Additionally, trimmed expectations of immediate Federal Reserve interest rate hikes as US inflation data remains in focus also supported yellow metal investments.
Gold futures for December delivery up by $7.40 or 0.17% to settle at $4,150.00 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $49.49 or 1.20% to $ 4,091.25 an ounce.