Gold futures traded higher in early deals on Monday, as the safe haven appeal boosted amid concerns over geo-political tensions and on global economic health. The yellow metal for the most active contract had lost about 2% for the week, sharpest dip since the end of January.
Gold futures for August delivery rose by $6.60 or 0.34% to $1936.20 ounce on the Comex division of the New York Mercantile. Spot gold rose by $4.72 or 0.25% to $1,925.92 per ounce.