FUNDAMENTALS
* Spot gold was up 0.1 percent at $1,329.16 per ounce at 0056 GMT.
* U.S. gold futures dipped 0.2 percent to $1,330.8 per ounce.
* Spot palladium, which hit a record-high of $1,505 per ounce in early trade, was up 0.3 percent at $1,502.
* The dollar index, which tracks the greenback against a basket of six major currencies, was down 0.1 percent at 96.463.
* Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled for later this week, citing "substantial progress" in U.S.-China trade talks over the weekend.
* The president said in a tweet that progress had been made on a host of divisive areas including intellectual property protection, technology transfers, agriculture, services and currency and that he and his Chinese counterpart would meet to seal a deal if progress continued.
* Asian share markets looked well set on Monday on the U.S.-China trade hopes.
* UK Prime Minister Theresa May put off a vote in parliament on her Brexit deal until as late as March 12 - just 17 days before Britain is due to leave the EU - setting up a showdown this week with lawmakers who accuse her of running out the clock.
* Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.