Gold futures trade modestly higher in early deals on Monday, kindled by the safe haven bets with the untamed covid-19 world wide pushing for more lockdowns and restrictive measures despite vaccine rollouts.
Gold futures for February delivery climbed 1.1% to $1,916.40 an ounce on the Comex division of the New York Mercantile. Spot gold was trading rose 0.8% to $1,912.71 per ounce.