Gold prices rose on Monday after a sell-off in the previous session, as reported by Al Jazeera Arabic.
The report said that a decline in oil prices eased concerns about inflation.
According to the same report, investors are assessing statements made by the US Federal Reserve.
The report did not state the percentage increase in gold or its price level. It did not explain the content of the Federal Reserve's statements. Nor did it state the size of the drop in oil prices.