Gold futures traded higher in early deals of Tuesday, kindled by the softness in dollar and on dip in Treasury bond yield notes. Moreover, intensified bets on Fed interest rate easing campaign also boosted the yellow metal investment appeal. The precious metal for the most active contract had logged 1.6% gain for the week, marking sharpest climb in nearly three weeks.
Gold futures for February delivery rose by $6.20 or 0.30% to $2075.30 per ounce on the Comex division of the New York Mercantile. While, spot gold jumped by $10.78 points or 0.53% to $ 2,063.86 ounce.