Gold ends higher on weaker dollar, geopolitical tension

NEW YORK (MarketWatch) -- Gold futures closed slightly higher in a choppy Monday session, as a weaker dollar and political tensions in Iran raised the precious metal's investment appeal.

The most actively traded February contract rose $3.10, or 0.3%, to $1,107.90 an ounce on the Comex division of the New York Mercantile Exchange, while the thinly traded December contract was also up 0.3% at $1,107.20. Both contracts were lower in earlier trading.

Click here for more on today's price action in gold.

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