At the start of the week, the gold price rose and approached a record high reached during the previous session. Remarks by Federal Reserve Chairman Jerome Powell and last week's U.S. economic data reinforced hopes for a rate cut in June

American gold futures rose 0.1% to $2,188.20. Spot gold rose 0.2% to $2,181.27 per ounce at 01:34 GMT, not far from Friday's record high of $2,194.99. According to the data, the unemployment rate rose to 3.9% in February after holding steady at 3.7% for three consecutive months

Platinum rose 0.1% to $913.59 per ounce, palladium by 0.6% to $1,025.55, and silver by 0.2% to $24.35.