Gold prices dipped on Monday
Spot gold was down 0.5% at $ 1,506 per ounce at 0114 GMT.
U.S. gold futures fell 0.4% to $ 1,517.60 an ounce.
The dollar index, against a basket of six major currencies, hovered near a two-week high on Friday.
MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.25%.
Wall Street shares rebounded on a statement that Germany's government would be ready to take on new debt and launch stimulus steps toward a possible recession.
On Saturday, China's central bank unveiled a key interest
Investors are awaiting the Federal Reserve's Jackson Hole symposium this week. Traders see about a 69% chance of a 25 base-point cut in September.
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.1
Last week, high prices prompted Asian consumers to return physical gold to lock in profits.