Gold futures traded higher on Monday as US dollar index languished near a more than two-month low against its rivals boosted the metal's safe-haven appeal following weaker than expected US jobs report in April signalled that interest rates would likely stay low for some time.
Gold futures for June rose $0.6 to $1831.9 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.91% at $1,831.47 per ounce.