Gold futures ended higher on Monday, kindled by the weakness in dollar and bond yield notes. Moreover, safe haven bets amid recession woes also lifted the yellow metal rates for the second straight session.
Gold futures for December delivery added by $4.5 or 0.23% to settle at $1947.20 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $0.61 or 0.03% to $1942.70 an ounce.