Gold futures traded slightly higher in early deals of Monday, kindled by the investment appeal of the bullion amidst bets of end in Fed interest rate hiking cycle and on weakness in dollar against its peers. Even though, rising 10-year treasury bond yield notes capped some gains in the session. The yellow metal for the most active contract had posted 2.4% gain for the week.
Gold futures for December delivery added by $0.60 or 0.03% to $1985.30 ounce on the Comex division of the New York Mercantile. While, spot gold up by $0.58 points or 0.03% to $1,981.40 per ounce.