Gold futures trade higher in early deals of Monday, as the safe haven appeal of the bullion got kindled with the growing geopolitical tensions between Ukraine and Russia, surging inflationary pressure and looming Covid-19 infections. The yellow metal for the most active contract had registered 0.8% gain for the week.
Gold futures for April climbed by 0.2% to $1,810.38 ounce on the Comex division of the New York Mercantile. Spot gold higher by 0.2% to $1,812.10 per ounce.