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Gold futures settle higher on Monday

03 Nov 2020 Evaluate
Gold futures settled higher on Monday, with the increased safe-haven bets in midst of uncertainties surrounding US presidential election and worries about global economic recovery with the surging COVID-19 cases.

Gold futures for December delivery settled up 0.7% at $1,892.50 an ounce on the Comex division of the New York Mercantile. Spot gold rose 0.8% to $1,893.13 per ounce