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Gold futures end higher on softer dollar

29 Sep 2020 Evaluate
Gold futures ended higher on Monday as the softer dollar lifted some bullion buying amid surging virus cases and worries about a potential lockdown restrictive measures also supported safe haven gold investments. Risk aversion ahead to the first US presidential debate and developments on a new US coronavirus relief bill also added up move.

Gold futures for December delivery gained $16, or 0.9%, to settle at $1,882.30 an ounce on the Comex division of the New York Mercantile. Spot gold was rose 0.1% to $1,883.51 an ounce.