Gold futures rose by almost one percent on Monday as crude oil prices surged and U.S. dollar weakened.

The most active gold contract for December delivery went up 12.4 dollars, or 0.98 percent, to settle at 1281.60 dollars per ounce. It's the biggest one-day rally in six weeks.

Oil futures surged on Monday as the crude market was rattled by the news that eleven Saudi princes, four sitting ministers and dozens of former ministers were arrested during the weekend on corruption charges. Saudi Arabia is one of the world's leading crude oil producers.

December crude oil rose 2.91 percent to 57.26 U.S. dollars a barrel on the New York Mercantile Exchange as of 1850 GMT, while the Brent crude January 2018 went up 3.32 percent to 64.13 dollars per barrel.

A surge in prices of crude oil could lead to potential increases in inflation, which is viewed as a bullish factor for gold futures.

On Monday, the U.S. dollar index declined by 0.19 percent to reach 94.74 as of 1708 GMT.

The index is a measure of the dollar against a basket of other major currencies. When the dollar goes down, gold futures usually rise.

However, the rise of gold was curbed by the firm U.S. stock market. The Dow Jones Industrial Average rose 16.52 points, or 0.07 percent, to 23,555.71 as of 1818 GMT.

As for other precious metals on Tuesday, silver for December delivery rose 40.1 cents, or 2.38 percent, to close at 17.235 dollars per ounce. Platinum for next January went up 13.10 dollars, or 1.42 percent to settle at 935.00 dollars per ounce.