While the panoramic economic data prompted investors to reassess the trajectory of the U.S. Federal Reserve's rate hike and boosted the dollar, gold prices rose slightly on Monday but remained below to one-year highs reached at the end of last week.

U.S. gold futures rose 0.1% to $2,017.50 and spot gold was up 0.1% to $2,004.74 per ounce, starting at 0353 GMT. Gold fell 2% on Friday after U.S. retail sales fell by 0.3% last month, but gains in January and February allowed consumer spending to accelerate during the first quarter. Hareesh V, head of commodity research at Geojit Financial Service believes gold is likely to trade with a “positive bias but may see some initial correction,” although a “major fall” in prices is not expected as uncertain global economic and geopolitical tensions support

Cash fell 0.2% to $25.29 per ounce, platinum fell 0.7% to $1,037.30, and palladium fell 0.7% to $1,493.37.