Gold prices rose Monday, recouping a measure of recent losses and keeping recent record highs close as markets digested some conciliatory comments from U.S. officials regarding the trade conflict with China.

At 08:20 ET (12:20 GMT), Spot gold rose 0.7% to $4,280.95 an ounce and gold futures for December rose 2% to $4,297.24/oz.

Spot gold hit a peak of $4,379.44/oz last week.

Gold slides on easing U.S.-China trade jitters #gold $BTC