While the dollar fell and the Investors were waiting for a key report on the American job market, gold continued to rise on Monday to trade just above 5,000 dollars per ounce.

Spot gold prices increased by 1.3% to reach $5,026.04 per ounce at 03:33 GMT, after an increase of 4 % Friday.

American gold futures for Deliveries in April increased by 1.4% to $5,046.10 the ounce.

“Overall, gold is rising today, although This growth remains cautious due to key employment data expected this week, helped by the fall in the dollar.”

“The search for bargains brings up the Gold prices above the $5,000 mark,” Tim said Waterer, chief analyst at KCM.

The cash price climbed 4.3% to reach $81.11/ounce after rising nearly 10% during the session previous.

It hit an all-time high of $121.64 on the 29th January.

The Platinum spot price has slightly fell by 0.2% to $2,091.54 per ounce, while the one palladium grew by 1% to reach 1,723.37 dollars.