Gold futures traded marginally higher on Monday, even as bounce in the US dollar against its rivals. Gold prices improved further on tamer-than-expected US inflation data that allayed worries about an early monetary policy tightening by the US Federal Reserve.
Gold futures for August jumped by 0.12% to $1779.9 an ounce on the Comex division of the New York Mercantile. While, spot gold was down by 0.13% at $1,779.19 per ounce.