Gold futures traded higher in early deals of Monday, extended previous sessional gains as the inflation gauge showed signs of cooling. Moreover, weaker dollar also supported yellow metal investments, as it made the greenback denominated bullion cheaper for other currency holders.
Gold futures for June trade slightly higher by 0.1% to $1,859.40 ounce on the Comex division of the New York Mercantile. While, spot gold rose by 0.2% at $1,856.86 per ounce.