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