Gold futures ended higher on Monday, with the retreating bond yields lifted investment and on inflation hedge appeal of the bullion ahead to Federal Reserve's policy meeting. Besides, softer dollar also accelerated precious metal buying. The yellow metal for the most active contract marked highest settlement in 2 weeks.
Gold futures for April delivery rose by 0.5% to settle at $1,729.20 an ounce on the Comex division of the New York Mercantile. Spot gold increased by 0.2% to $1,729.94 per ounce.