Gold prices edged lower on Monday, under pressure from a stronger dollar and rising oil prices.
According to Bloomberg News, spot gold fell 0.2 percent to $4,527.36 per ounce.
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U.S. gold futures also dropped by 0.8 percent to reach $4,558.10.
As for other precious metals, spot silver rose 0.4 percent to $75.54 per ounce, platinum gained 1 percent to reach $1,935.65, and palladium increased by 1.3 percent to $1,371.24.
Meanwhile, oil prices surged by more than 2 percent in early trading today.
U.S. crude futures rose by $2.17 to reach $89.53 per barrel, while Brent crude futures gained $1.93 to stand at $93.05 per barrel.
The dollar index, which measures the performance of the U.S. currency against a basket of other major currencies including the yen and the euro, stabilized at 99.00 following a 0.4 percent decline last week.
