Gold futures ended higher on Monday as the US dollar slipped against a basket of major currencies after recent soft US inflation and domestic demand figures undermined arguments for the Federal Reserve to raise interest rates. Gold futures for August delivery gained $6.20, or 0.5 percent, to settle at $1,233.70 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.5 percent at $1,234.61 an ounce.

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