On the Comex division of the New York Mercantile Exchange, gold delivery rose in April by the equivalent of 7.20 or 0.59%, to trade at $ 1,234.30 a troy ounce during European morning trade, the price of gold reached its highest price of $ 1,236.40 per ounce earlier It is the highest price since February 11.
And was likely to find support gold at $ 1,218.00 per ounce, the lowest price since February 12 and resistance at $ 1,245.90 per ounce the highest price since February 10.
On Friday, gold prices rose 6.40 cents, or equivalent to 0.52%, to close at $ 1,227.10 an ounce, supported by the dollar decline on a large scale and with continuing uncertainty about the developments in Greece, which enhanced the attractiveness of the precious metal.
He is scheduled to hold officials from Greece and the European Union new talks on Monday after the failure of discussions about reaching an agreement on the new debt, which ended last week, to no avail.
It is scheduled to expire rescue deal for Greece amounting to 240 billion euros in February 28 as the new Greek government does not want an extension, sparking fears of a conflict with its creditors, which may lead to the country's exit from the euro zone.
In Athens on Sunday said it was confident of reaching an agreement but repeated it would not accept harsh conditions on the austerity measures in the event of a new deal.
The dollar index, which measures the strength of the dollar against a basket of six major currencies, rose 0.2% to hit 94.05, extending losses from the previous session.
Usually Maystvid gold from the weak dollar, it also enhances the metal's appeal as an alternative asset and makes commodities priced cheaper for holders of other currencies to the dollar.
Despite the recent gains, prices remain weak, amid ongoing expectations for the Fed to begin raising interest rates in the United States in early June
Investors are awaiting the Fed's latest meeting which will be held next Wednesday in search of more of the indicators about the start of the central bank to raise interest rates.
And affect expectations of higher borrowing rates for gold and lead to its decline, as the precious metal is struggling to compete with higher-yielding assets when the price goes up.
Elsewhere in COMEX silver rose in March delivery rose 7.9 cents, Omiadel 0.46%, to trade at $ 17.37 an ounce. Silver jumped 50.0 cents Omiadel 2.98%, on Friday to close at $ 17.29 per ounce.
At the same time, copper March / March delivery rose for March delivery / March rose 0.7 cents, or equivalent to 0.29%, to trade at $ 2,613 per pound.
Data showed on Monday that Japan's economy grew at an annual rate of 2.2% in the three months to December, so short of expectations that were looking forward to a rise of 3.7% from.
Copper is more sensitive to expectations of economic growth due to the widespread use across industries.
The remaining markets in the United States to remain closed for the President's Day holiday on Monday, while China's markets remain closed from February 18 to 24 due to the Lunar New Year holiday. Gold investing news