Gold futures finished higher on Monday, after hitting an all-time high of $2,353.79 per ounce. The safe haven appeal of the bullion with the on-going geo political tensions and the ramped-up purchases of central bank supported yellow metal rates. Additionally, weaker dollar and sliding bond yield notes also boosted precious metal investments. Meanwhile, investors closely eyed the minutes of the Fed's March policy meeting and the US CPI data due on Wednesday.
Gold futures for June delivery rose by $5.6 or 0.2% to $2351.00 per ounce on the Comex division of the New York Mercantile. Spot gold increased by $5.22 points or 0.22% to $ 2,344.25 an ounce.