Gold prices rose on Monday after declining more than 1% in the previous session, as a pause in the dollar rally alleviated some pressure from the greenback-priced bullion, though looming U.S. rate hikes restricted further gains.
Spot gold XAU= rose 0.4% to $1,648.91 per ounce, as of 0405 GMT. The metal posted its biggest weekly decline since July last week.
U.S. gold futures GCv1 were up 0.4% at $1,655.30.
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