Gold futures traded higher in early deals of Tuesday, aided by the safe haven appeal with persisting geopolitical and economic uncertainties. Besides, subdued dollar and bonds also supported precious metal investments. Meanwhile, investors also eyed for more cues on monetary policy ahead to minutes of the Fed’s last meeting due on Wednesday. US stock market was closed yesterday for Washington's Birthday.
Gold futures for April delivery up by $5.40 or 0.27% to $2029.5 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $2.24 points or 0.11% to $ 2,019.45 ounce.