Gold futures finished sharply higher on Monday, marking record high rate with the softer dollar and reduced bond yield notes. Heightened geopolitical and economic uncertainty spurred safe haven appeal of the bullion.
Gold futures for February delivery surge by $102.80 or 2.06% to $5,082.50 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $65.16 or 1.30% to $5,073.86 an ounce.