Gold futures traded tad higher in early deals of Monday, kindled by the weakness in dollar and bond yield notes. Moreover, safe haven appeal amidst ongoing geopolitical tensions and economic uncertainties also buoyed the precious metal. The yellow metal for the most active contract had rose by 1.8%, marking eighth straight weekly gain.
Gold futures for April delivery up by $1.80 or 0.06% to $2,955.00 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $4.08 or 0.14% to settle at $2,940.13 an ounce.