By Stephanie Yang 

Gold prices got a boost from a weaker U.S. dollar and anxiety over U.S.-China trade negotiations.

Gold for June delivery rose 0.1% to $1,277.30 a troy ounce on the Comex division of the New York Mercantile Exchange, bouncing off a two-week low.

The WSJ Dollar Index, which gauges the U.S. currency against a basket of others, fell 0.2% to 91.09.

Gold is priced in dollars and becomes cheaper as the greenback weakens.

Geopolitical uncertainty also supported demand for the haven metal on Monday.

"Iran, China, Brexit and usual worries are maintaining this $1,275-$1,300 area range for gold for now," said George Gero, managing director at RBC Capital Markets.

Meanwhile, copper for July delivery fell 0.5% to $2.7260 a pound in New York on economic concerns following the prolonged trade disputes between the U.S. and China.

"Following a weak end to the week amid renewed uncertainties in the trade dispute between the U.S. and China, metals prices are down for the most part as the new week of trading begins," analysts at Commerzbank wrote Monday.

Analysts noted that the U.S. lifted tariffs on aluminum and steel imports from Canada and Mexico, which could weigh on other metals prices.

Write to Stephanie Yang at stephanie.yang@wsj.com

(END) Dow Jones Newswires

May 20, 2019 14:48 ET (18:48 GMT)

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