chnical analyst Wang Tao.

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"We think gold is going to trade in a very tight range because of the low level of liquidity in the market due to the holidays (in Asia)," said Xu.

In other precious metals, silver was flat at $16.23 per ounce, having retouched Friday`s over two-week low of $16.17 an ounce earlier in the session.

Platinum climbed 0.1 percent to $960.20 per ounce, after hitting its highest since late April at $970.10 in the previous session. It gained over 3.2 percent last week, its highest since early January.

Palladium fell 0.1 percent to $876.60 per ounce.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)