Gold futures finished higher on Monday, as the safe haven appeal of bullion got kindled followed by the escalating Middle East geo-political tensions with the Israeli-Hamas war. Moreover, easing US Treasury bond yield notes also supported investment appeal of the yellow metal.
Gold futures for December delivery rose by $19.10 or 1.03% to settle at $1864.30 ounce on the Comex division of the New York Mercantile. Spot gold added by $0.85 or 0.05% at $1,862.26 per ounce