Gold futures trade slightly higher in early deals of Monday, amid inflation concerns after announcement of Joe Biden’s $2 trillion-plus jobs plan last week. However, stronger dollar and rising bond yields capped bullion gains.
Gold futures for April edged up 0.1% to $1,729.50 an ounce on the Comex division of the New York Mercantile. Spot gold was flat at $1,728.60 per ounce.