Gold Prices Inch Up As Trade Row Triggers Safe-Haven Buying

Gold prices inched higher on Monday after falling to a 5-1/2-month low in the previous session, as a trade dispute between the world's two largest economies triggered safe-haven buying, but a strong dollar put a cap on the upside.

Spot gold edged up 0.1 percent to $1,279.70 per ounce by 0255 GMT. The yellow metal touched its weakest since late December at $1,275.01 an ounce on Friday.

U.S. gold futures for August delivery were up 0.3 percent at $1,282.10 per ounce.

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