Gold futures trade higher in early deals of Monday
Gold futures traded higher in early deals of Monday, kindled by the safe haven appeal of the bullion amidst ongoing trade uncertainties and geopolitical risks. Additionally, a surge in investment demand, particularly from China, has contributed to the upward trend in yellow metal rates.
Gold futures for August delivery rose by $4.20 or 0.13% to $3,291.80 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $ 6.26 or 0.19% to $3,280.59 an ounce.
