Ammon News - Gold extended gains on Monday to trade just above the $5,000-per-ounce level as the dollar dipped, while investors awaited a key U.S. labour market report due later in the week to gauge the interest rate trajectory.

Spot gold rose 1.3% to $5,026.04 per ounce by 0333 GMT after a 4% climb on Friday. U.S. gold futures for April delivery gained 1.4% to $5,046.10 per ounce.

The U.S. dollar was at its lowest level since February 4, making greenback-priced metals cheaper for overseas buyers.

Spot silver climbed 4.3% to $81.11/ounce after a near 10% gain in the previous session. It hit an all-time high of $121.64 on January 29.

Spot platinum edged 0.2% lower to $2,091.54 per ounce, while palladium gained 1% to $1,723.37.

Reuters