Gold traded higher on Wednesday as the US dollar fell further in the aftermath of President Trump´s first State of the Union speech.
The yellow metal was up 0.33% at 1224 GMT, trading around $1343 per ounce.
Gold has so far risen by around 3% for January, on course to notch up its third consecutive monthly gain.
Meanwhile, the dollar basket was down by about 0.2% on Wednesday, with President Trump´s State of the Union speech of the previous day giving investors little cause to reverse their recent bearish stance on the greenback.
Dollar weakness generally boosts the prices of commodities priced in dollars as it makes it cheaper for those buying them in other currencies.