Gold prices traded slightly higher in electronic trading on Monday, with the dollar weak as attention stayed fixed on Greece’s debt talks in Brussels.Gold for April delivery GCG5, +0.05% gained $4.30, or 0.3%, to $1,231.40 an ounce in electronic trading. Physical markets are closed in the U.S. for the Presidents’ Day holiday.
Gold needs to see signs of firmer physical demand in order to sustain gains, which have been just about 4% so far this year.
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