Gold futures traded higher in early deals of Monday, after it marked sharp weekly fall of about 1.9% . The yellow metal rebounded despite firmness in dollar value. The safe haven appeal of the bullion amid intensified uncertainty over global economic health buoyed gold investments.
Gold futures for August higher by $5.90 or 0.32% to settle at $ 1846.50 ounce on the Comex division of the New York Mercantile. While, spot gold was little changed at $1,839.79 per ounce.