Ammon News - Gold prices inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of a global trade conflict, while investors awaited further signals to gauge the U.S. Federal Reserve's interest rate stance.

Spot gold was up 0.1% at $2,911.71 an ounce, as of 0447 GMT, while U.S. gold futures firmed 0.1% to$2,917.90.
A line chart titled "Spot gold price in USD per oz" that tracks the metric over time.

The dollar index hovered near a four-month low hit last week, making greenback-priced gold less expensive for overseas buyers.

U.S. stocks ended higher on Friday, rebounding from early declines to give the Dow and S&P 500 a half-percentage point gain each, while the Nasdaq climbed seven-tenths of a percent.

Trump imposed new 25% tariffs on imports from Mexico and Canada last Tuesday, along with fresh duties on Chinese goods.

Spot silver fell 0.4% to $32.42 an ounce, platinum added 0.2% to $965.15, and palladium eased 0.1% to $949.21. Reuters