Gold holds near its highest close since April as the dollar retreated and investors weighed broad optimism that the U.S. and China may be able to reach a deal that would avert a tariff increase on Chinese goods by March 1. Palladium hit a record.
Spot gold gained as much as 0.2% to $1,325.39/oz early Monday, highest since Jan. 31, and traded at $1,324.85 at 9:42am in London
Other precious metals: Silver +0.2%. Platinum -0.1%. Palladium as much as +1.6% to record $1,457.16/oz.