Gold futures finish higher on safe haven appeal
Gold futures finished higher on Monday, buoyed by the safe haven appeal amidst geopolitical tensions in the Middle East. Inflation hedge appeal with the surging oil rates and softer bond yield notes also fuelled the yellow metal investments.
Gold futures for April delivery rose by $33.50 to 0.74% to $4,526.00 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $52.37 or 1.16% to $ 4,563.29 an ounce.
