Spot gold rose 0.4% to $4,182.30 per ounce and US gold futures gained 0.5% to $4,203.50 on Monday, supported by softer oil prices.
Oil prices slipped after US President Donald Trump waived sanctions and tariffs on Russia, potentially increasing future fuel exports.
Traders are pricing in an 89% chance of a Federal Reserve interest rate increase in December based on the CME's FedWatch Tool.