Gold futures finished higher on Monday kindled by the safe haven appeal of the bullion ahead to April US CPI data which will be released on Wednesday. The inflation data serves as a gauge on Federal Reserve's monetary policy plans. Additionally, yellow metal investments also got suppported followed by woes surrounding the US banking sector and debt ceiling.
Gold futures for February added by $8.40 or 0.41% to settle at $2033.20 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $4.37 or 0.22% or $2,025.53 per ounce.