Gold futures settle near 3 month high on Monday, kindled by the safe haven appeal of the bullion amid ambiguity over US economic rebound. Moreover, weaker dollar against its peers added the upside.
Gold futures for December added $7.5 or 0.4% to settle at $1776.90 ounce on the Comex division of the New York Mercantile. However, spot gold down by $0.02 to $ 1,771.38 per ounce.