Gold futures traded higher in early deals of Monday, as the investment appeal of the bullion got kindled by the sliding dollar and dip in US Treasury bond yield notes. Meanwhile, the yellow metal for the most active contract registered first gain after four consecutive weekly losses.
Gold futures for December delivery traded higher by $3.2 or 0.16% to $1943.1ounce on the Comex division of the New York Mercantile. While, spot gold up by $0.25 or 0.01% at $1,915.21 per ounce.