Gold Prices Rise as U.S. Interest Rate Data Anticipated

Gold prices saw a slight increase on Monday as investors awaited a series of U.S. economic data this week. This data could provide further insights into the Federal Reserve's policy regarding interest rate trajectories.

As of 0256 GMT, spot gold rose by 0.1 percent to reach $4083.92 per ounce. Meanwhile, U.S. gold futures for December delivery fell by 0.2 percent to $4085.30 per ounce.

In the realm of other precious metals, silver in spot transactions climbed by 0.8 percent to $50.96 per ounce. Additionally, platinum gained 0.7 percent to settle at $1552.36, while palladium increased by 1.7 percent to $1408.13.