Gold prices rose on Monday in Asia. News on Brexit develop and the Sino-U.S trade war remained in focus.
Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,286.55 per ounce by 1:20 AM ET (05:20 GMT).
Traders await more trade-related news as U.S. President Donald Trump prepares to meet with his Chinese counterpart Xi Jinping next month at the G-20 meeting in Japan.
The precious metal entered a new phase of uncertainty on its role as the leading safe-haven asset, as markets seemed to preferred the U.S. dollar as a hedge against the Sino-U.S. trade war.
Source : Investing.com