Gold futures finished higher on Monday, as a temporary halt in US-Iran strikes saddled oil rates, easing inflation woes and lowered interest rate hike expectations ahead of the Federal Reserve meeting. Besides, weaker green back also supported the yellow metal investments.
Gold futures for August delivery rose by $6.20 to 0.15% to settle at $4,077.00 an ounce on the Comex division of the New York Mercantile. While, spot gold down by $ 26.99 or 0.66% to $ 4,049.27 an ounce.