It was worth more than $1,290/oz on the spot market earlier.
The only gold miner on the S&P 500 closed up slightly on Friday, following a report of job cuts.
Newmont Mining (NYSE: NEM) is cutting 120 jobs at its Carlin operations in Nevada after deciding to reduce the minelife at Emigrant and is suspending operations at part of the Gold Quarry due to a wall slide, Reuters reported.
In Toronto, gold major Barrick Gold (TSX: ABX) had closed more than 0.9% higher.
In Australian trade today, gold miners including Northern Star Resources (ASX: NST) and Evolution Mining (ASX: EVN) were slightly higher at the time of writing.
However market heavyweight BHP (ASX: BHP) was off about 0.27% as it specified the currency rates for its upcoming dividend payment.
Finally, Canadian junior GMV Minerals (TSXV: GMV) had enjoyed a strong finish to last week, rising 56% or C7c on Friday to 19.5c.
It has had nothing to report since filing an amended preliminary economic assessment for its Mexican Hat gold project in Arizona in December.
