Gold prices increased on Monday, despite the dollar strengthening against a basket of major currencies ahead of crucial economic data.
Later this week, investors are keenly awaiting key U.S. inflation figures, particularly consumer and producer price data, which are expected to provide further guidance on the Federal Reserve's future monetary policy decisions.
There is strong market consensus that the Federal Reserve will begin lowering interest rates at its September meeting.
The dollar index gained 0.4%, reaching 101.6 as of 21:16 GMT, with a session high of 101.7 and a low of 101.1.
Meanwhile, spot gold prices climbed 0.4% to $2,534.7 per ounce by 21:19 GMT
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