Holdings of SPDR Gold, the world's largest gold-backed exchange-traded fund, rose 0.17 percent to 860.17 tonnes on Monday. Holdings have risen 6 tonnes in the past two sessions, indicating investor interest in the perceived safe-haven asset.
But on the technical front, gold faces the potential for a downside correction if and when uncertainty fades, said Jeffrey Halley, senior market analyst at OANDA.
"Gold has resistance at $1,290 and then $1,296, having failed in this area numerous times last week. Below, support lies at $1,265.50 and then the 200-day average at $1,254.80. A daily close below $1,240 would signal a much larger correction could be on the way," Halley said.
Silver was fell 2.01 percent to $17.54 an ounce, after touching a one-month low of $17.65 on Monday.
Palladium rose 0.35 percent to $797.75 an ounce.
Platinum lost 0.81 percent to $951.24 an ounce, after falling over 1 percent in the prior session.
Asset manager ETF Securities said in a note said it expects "modest upside" for platinum given "expectations for continued global recovery in growth and manufacturing, and a record discount to the gold price."
"The downside risks for platinum appear more limited than the potential upside risks," it said.