Gold futures traded higher in early deals on Monday on account of weaker dollar and declining bond yield notes. Mixed signals regarding a US-Iran peace deal and rising inflation also supported investments in the yellow metal.
Gold futures for June delivery rose by $35.10 to 0.77% to $4,591.50 an ounce on the Comex division of the New York Mercantile. Spot gold higher by $51.43 or 1.14% to $ 4,560.83 an ounce.