Gold futures ended higher on Monday, braced by the slip in greenback and on risk aversion in the stock markets ahead to key US Central Bank meeting for more cues on timeline about pullback of stimulus measures. Albeit, the yellow metal is still below the key benchmark $1800 level.
Gold futures for December jumped by 0.7% or $11.90 to settle at $1795.80 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by 0.6% to $1,793.48 per ounce.