Gold prices edged up on Monday to trade near its record peak, helped by a weaker U.S. dollar, while investors looked ahead to a key inflation report due later this week to gauge the Federal Reserve's interest rate trajectory.
Spot gold rose 0.3% to $2,943.50 an ounce as of 0957 GMT after scaling an all-time high of $2,954.69 last week.
U.S. gold futures added 0.2% to $2,958.20.
"The dollar's move lower this month has enabled spot gold to be kept around its record highs, supported by a surge of inflows into bullion-backed exchange traded funds," said Han Tan, Exinity Group chief market analyst.
Source: Reuters
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