Gold retained its gains from a four-day rally on Tuesday and looked likely to rise further as the dollar took a beating on expectations that a hike in U.S. interest rates could be pushed out to September.
A weaker dollar also makes the metal cheaper for holders of other currencies, and increases its appeal as a hedge.
Traders will be eyeing U.S. data and more comments from Fed officials this week for clues about the economy and the U.S. central bank's monetary policy.
Elsewhere, silver futures for May delivery edged eased 0.52% to $16.980 a troy ounce.
Copper delivery for the month of May slumped 1.50% to $2.863 a pound.
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