Gold futures traded higher in early deals of Monday, kindled by the safe haven appeal of the bullion amidst ongoing trade uncertainties and geopolitical risks. Additionally, a surge in investment demand, particularly from China, has contributed to the upward trend in yellow metal rates.
Gold futures for August delivery rose by $4.20 or 0.13% to $3,291.80 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $ 6.26 or 0.19% to $3,280.59 an ounce.