Gold futures traded higher in early deals of Monday, near an all-time high, kindled by the softness in dollar and a decline in bond yield notes. Safe haven appeal of the bullion got boosted ahead to a series of key US economic releases this week for gauging on the Federal Reserve’s interest rate trajectory. The yellow metal for the most active contract had marked a gain o about 2% for the week.
Gold futures for February delivery up by $31.90 or 0.74% to $4,360.20 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $29.53 or 0.70% to $4,329.16 an ounce.
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