Gold futures finished higher on Monday, kindled by the sliding dollar ahead of the US Federal Reserve’s two-day policy meeting that starts on September 16. Growing expectations that the Fed’s interest rate easing cycle could extend into next year, also buoyed the yellow metal investments.
Gold futures for December delivery up by $32.60 or 0.88% to settle at $3,719.00 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $3.03 or 0.08% to $3,682.02 an ounce.