Gold futures traded higher in early deals of Monday, as the slip in dollar value against its peers and the safe haven appeal amid Middle east geopolitical uncertainties buoyed the yellow metal investments. The yellow metal for the most active contract had marked its second consecutive loss for the week by falling about 0.71%, pressured by the Fed interest rate outlook.
Gold futures for April delivery up by $5.80 or 0.29% to $2029.90 per ounce on the Comex division of the New York Mercantile. While, spot gold gained by $4.93 points or 0.24% to $ 2,018.52 ounce.