Gold futures settled slightly higher on Monday, as the investment appeal of bullion picked up with the sliding dollar and on sluggish manufacturing activity data for June. Even though, gains remained capped on bets over continued Fed interest rate hikes.
Gold futures for August delivery up by 10 cents or 0.01% to settle at $1929.50 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $1.36 or 0.07% to $1,923.00 per ounce.