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Gold futures settle tad higher on Monday

13 Oct 2020 Evaluate
Gold futures settled marginally higher on Monday marking highest in roughly three weeks, with some safe haven buying amid uncertainty surrounding the outcome of the upcoming election. However, some risk appetite in the market buoyed the equities and capped some gains in the yellow metal.

Gold futures for December delivery rose $2.70, or 0.1%, to settle at $1,928.90 an ounce on the Comex division of the New York Mercantile. Spot gold slipped 0.1% to $1,919.51 per ounce.