Gold futures traded higher in early deals of Monday, after three consecutive sessions of losses. Safe haven appeal ahead to Federal Reserve policy meeting and a slew of economic data releases kindled the yellow metal rates. Softer dollar also buoyed precious metal. The yellow metal for the most active contract had marked 0.68% loss for the week.
Gold futures for December rose by $6.30 or 0.19% to $3,398.80 ounce on the Comex division of the New York Mercantile. While, spot gold added by 0.14% or $4.76 to $3,342.06 ounce.