Gold futures traded higher in early deals on Monday rebounding from a seven year low rate as the investment appeal of the bullion advanced with the weaker dollar and easing government bond yields. The bullion for the most active contract had marked loss of 2.5% for the week.
Gold futures for April delivery gained 0.4% to $1,784.20 an ounce on the Comex division of the New York Mercantile. Spot gold was up by 0.3% to $1,787.31 per ounce.