Gold prices kicked off the week higher in London as the precious metal continued to recover from its multi-month lows reached last month, says Dow Jones.

Spot gold was up 0.3% at $1,176.20 a troy ounce. Other precious metals also rose.

Investors are regaining a taste for the metal, which is traditionally seen as a haven asset, amid uncertainties linked to Chinese economic growth and the start of Donald Trump's presidency in the U.S.

Following a losing streak that lasted roughly seven weeks at the end of last year, gold exchange-traded funds have started seeing inflows last week, according to Commerzbank analysts.