Gold futures ended higher on Monday, with more safe-haven bullion investments as market participants are anxiously eyeing on how the Central Bank will put its new approach to monetary policy into practice and keep its dovish stance at this week’s policy meeting. Softer dollar also lifted dollar denominated yellow metal investments
Gold futures for December delivery settled up 0.8% at $1,963.70 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.3% at $1,962.78 per ounce.