CHICAGO, Nov. 16 -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as new COVID-19 restrictions are enacted in some places to contain the spread of the pandemic.

The most active gold contract for December delivery rose 1.6 U.S. dollars, or 0.08 percent, to close at 1,887.8 dollars per ounce.

Due to spike in new COVID-19 infection cases, indoor and outdoor gatherings are limited in many areas, and gyms and restaurants are closed.

Gold also found support as U.S. Dollar Index slipped.

The New York Federal Reserve on Monday reported that its Empire State business conditions index fell 4.2 points to 6.3 in November, far below the reading of 10.5 in October, supporting gold.

Nevertheless, positive COVID-19 vaccine news from U.S.-based pharmaceutical company Moderna capped gold's growth.

Silver for December delivery rose 2.7 cents, or 0.11 percent, to close at 24.802 dollars per ounce. Platinum for January delivery rose 31.5 dollars, or 3.52 percent, to close at 927.5 dollars per ounce.

  - Xinhua