Gold prices on the European market rose on Monday to resume a second straight day of a 19-month low, but gains are curbing gains in the dollar against a basket of global currencies, as well as continued weak demand for safe haven assets.

Gold prices rose by more than 0.3% as of 10:59 GMT to trade at $ 1,187.25 per ounce from the opening level of $ 1,183.41 and recorded the highest level of $ 1,189.76 and a low of $ 1,182.72.

Yellow metal ended Friday’s trading up 0.9%, its first gain in seven days and the biggest daily gain since July 3, recovering from a 19-month low and supporting the US dollar’s decline.

Over the past week, gold prices lost 2.2%, their sixth weekly loss in a row, among the longest weekly losses since November 2016, as the dollar strengthened and demand for the metal almost disappeared as a safe haven or alternative investment.

The dollar index rose 0.3% on Monday, the first gain in three days, reflecting the recovery of the US currency against a basket of currencies, which is currently pressing the price of gold and other metals denominated in US dollars.

The recovery of the US dollar awaits confirmation of the launch of a new US trade commissioner’s tour later this week. The worsening US-China trade dispute and the sharp drop in emerging market currencies have led to a surge in US currency purchases.

Gold holdings at SPDR Gold Trust  fell Friday by 1.17 metric tons, the second consecutive daily decline, to 772.24 metric tons, the lowest level since February 26, 2016.