Gold futures ended higher on Thursday buoyed by some weakness in the US dollar as investors weighed the impact of the Bank of England’s first interest-rate increase in a decade, the release of the US tax reform bill and President Donald Trump’s presumed pick to lead the US Federal Reserve.

Gold futures for December delivery gained $0.80, or 0.1 percent to settle at $1,278.10 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.2 percent at $1,276.79 an ounce.

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