Gold futures rebounded from previous sessional loss in early deals of Monday, lifted by inflation hedge appeal of the bullion as the passage of a US stimulus bill stoked inflation worries. The yellow metal for the most active contract had logged gain of about 1.3% for the week.
Gold futures for April delivery rose by 0.7% to $1,730.90 an ounce on the Comex division of the New York Mercantile. Spot gold up by 0.3% to $1,732.02 per ounce.