Gold futures traded higher in early deals of Monday, with the safe haven bullion buying amid lingering fears over rampant spread of Omicron all over the globe. The yellow metal for the most active contract marked weekly rise of 0.9%, monthly gain of 2.9% and 4.1% for the quarter, though it dipped 3.5% this year, registering sharpest yearly dip since 2015.
Gold futures for February climbed by 0.1% to $1,830.30 an ounce on the Comex division of the New York Mercantile. While, spot gold trade mostly unchanged at $1,830.09 per ounce.