Spot gold was up 0.2 percent at $1,269.40 an ounce by 0036 GMT, not far from Friday's peak of $1,279.60, its highest since Feb. 3, 2015.
- The dollar has been struggling to find traction despite a robust U.S. February employment report on Friday, its losses extending on Monday as a rally in oil prices rekindled demand for the euro and commodity-sensitive currencies.
- That has benefitted gold along with fairly low market expectations that the Fed will lift rates at the March 15-16 policy meeting, analysts say.
- The Fed raised rates for the first time in nearly a decade in December.
