Gold futures finished sharply higher on Monday kindled by the safe haven appeal of the bullion with the rising geo political tensions and the mounting new covid cases spurring worries over global economic health. A weaker dollar also supported the yellow metal investments.
Gold futures for December rose by 1.3% to settle at $1,806.30 an ounce on the Comex division of the New York Mercantile. While, spot gold higher by 1.3% to $1,803.29 per ounce.