Gold futures end higher on Sino-US trade concerns

Gold futures end higher on Friday, as the US-China trade deal is still in uncertainty after China warned that it would take 'firm counter measures' in response to US legislation backing anti-government protesters in Hong Kong. 

 

However, the yellow metal ended $54.00 lower on the month to date, or down 3.5%, marking worst month since September as positive data about the US economy dulled interest in haven assets.

Gold futures for December US gold futures settled 0.6% higher at $1,470.20 per ounce on the Comex division of the New York Mercantile. Spot gold gained 0.4% to $1,463.59 per ounce.

MCX Live Rates