At the start of the week, gold prices rose slightly rose, while the dollar held just below its highs levels in three months reached last week.

American gold futures for deliveries in December increased by 0.7% to $4,025.10 per ounce. Gold spot trading gained 0.3% to $4,014.59 per ounce at 06:27 GMT.

According to Kelvin Wong, senior market analyst at OANDA, “It's more of a repositioning on the dollar side. American, with the strength of the greenback beginning to stabilize during the Today's Asian session, which led to a slight increase in gold”.

Elsewhere on the markets, spot silver rose 0.6% to $48.92 per ounce, platinum climbed 2.3% to $1,604.21 and palladium gained nearly 1% to $1,447.08