On currency markets, the dollar and yen lost ground, while the euro rose following the G20 pledge to keep economic supports in place.
In a sign of possible falling investor interest, the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, said its holdings fell 0.38 tonnes to 1,077.63 tonnes on Friday.
Palladium flows painted a different picture, with the amount of metal ETF Securities holds to back its palladium exchange-traded commodity rising by more than 43,000 ounces or 10.7 per cent to a record high on Sep 4.
Analysts said fund flows had been encouraged by speculation that incentive schemes for new car purchases might be extended, helping to revive depressed auto sector demand for the metal.
Spot palladium stood at US$290.50 per ounce compared with US$290 quoted late in New York on Friday. The market hit 2009 highs last week at US$293.50.
In other precious metals, silver was bid at US$16.25 compared with US$16.20 on Friday, while platinum rose to US$1,260.00 from US$1,252.50 on Friday.
South Africa's miners' union said on Monday it would try to persuade strikers at Impala Platinum to return to work, while fresh talks at Anglo Platinum were due to start at 0800 GMT in a bid to agree a pay deal. -- REUTERS