Gold settled a notch higher on Monday as investors held to it as a safe bet against growing concerns over eurozone finances, while a relatively strong dollar capped gains in the precious metal. The spot price of bullion was at $1,540.80 per ounce by 3:15 pm EDT (1915 GMT), compared with $1,538.40 in New York late on Friday.
Gold priced in sterling hit a record high at 954.63 pounds in Monday's trade. US gold futures' benchmark August contract finished the official session up $2.90, or 0.2 percent, at $1,542 per ounce. Silver reversed losses and was at $35.97 an ounce from $35.80, below a record at $49.51 an ounce in April. Platinum hit its lowest since end-March at $1,720.50 an ounce. It later was at $1,728.49 from Friday's $1,750.65 an ounce.
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