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.