Gold futures finish higher as dollar softens
Gold futures finished higher on Monday, supported by the softer dollar amid concerns over the ballooning US government deficit. Moreover, dipping bond yield notes as well as safe haven appeal of the bullion with the trade deal uncertainties and geopolitical risks has also contributed to the upward trend in yellow metal rates.
Gold futures for August delivery rose by $20.10 or 0.61% to settle at $3,307.70 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $19.65 or 0.59% to $3,322.79 an ounce.
