Gold futures traded higher in early deals of Monday, kindled by the safe haven appeal amidst heightening tensions over global trade war, risks of higher inflation and slower economic growth. The yellow metal for the most active contract had marked 1.7% loss for the week due to technical correction.
Gold futures for April delivery up by $7.60 or 0.25% to settle at $3,043.00 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $11.21 or 0.37% to $3,027.03 an ounce.