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Market Pulse: Gold closes out Thursday trade higher, aims for weekly gain

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Gold futures settle higher on Thursday, resuming their climb as fighting in Eastern Europe intensified, with hope dimming of successful talks to end the Russia-Ukraine conflict.

April gold
GCJ22,
+0.73%

GC00,
+0.73%

 traded $13.60, or 0.7%, to settle up at $1,935.90 an ounce, following a 1.1% decline on Wednesday.

Bullion was looking at a weekly rise of 2.6%, marking its fourth positive week of the past five.

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