Gold prices edged up on Monday as a buoyant euro kept the dollar off its 11-month highs, with trade issues between the United States and the European Union further supporting the bullion.
Fundamentals
* Spot gold was up 0.3 percent at $1,271.79 an ounce, as of 0059 GMT.
* U.S. gold futures for August delivery were 0.2 percent higher at $1,273.60 per ounce.
* U.S. President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.
* A weaker greenback makes dollar-denominated gold cheaper for holders of other currencies.
* The European Central Bank will end its asset purchases by year-end as scheduled, according to a Reuters poll of economists who said the risk bond-buying will continue into next year was low, even with growth likely to slow and inflation stay tame.
* Speculators trimmed their net long position in COMEX gold to the weakest position in 2-1/2 years in the week to June 19, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.

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