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Reuters: Gold prices were steady on Monday as the dollar eased on soft manufacturing survey, while signs of a US-China trade deal stoked risk appetite, capping gains for the safe-haven bullion.
Spot gold was steady at $1,513.19 per ounce, as of 0747 GMT, after dipping 0.2% earlier in the session, while U.S. gold futures were up 0.3% at $1,515.30 per ounce.
Spot gold may test a resistance at $1,519 per ounce, a break above which could lead to a gain to $1,534.
“As long as gold holds the $1,500 level, markets will be positive,” Hareesh added.
Among other metals, silver rose 0.4% to $18.16 per ounce, platinum was up 0.9% at $954.93 per ounce, while palladium advanced 0.8% to $1,819.13.
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