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Treasury yields slip from more than two-week high

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Zelenskiy to meet Trump in Washington later on Monday

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Palladium gains after hitting lowest level since July 10

(Updates for U.S. morning hours)

By Noel John

Aug 18 (Reuters) - Gold prices edged higher on Monday,

buoyed by easing U.S. Treasury yields, while investors focused

on U.S. President Donald Trump's meeting with Ukrainian and

European leaders, and the Federal Reserve's annual symposium in

Jackson Hole.

Spot gold was 0.1% higher at $3,383.20 per ounce at

09:56 a.m. ET (1355 GMT), after hitting its lowest level since

August 1 earlier. U.S. gold futures for December

delivery rose 0.2% to $3,388.80.

Benchmark 10-year U.S. Treasury yields fell from

more than two-week highs, making non-yielding gold less

attractive.

The key event for investors on Monday is a White House

meeting between Trump and Ukrainian President Volodymyr

Zelenskiy, joined by European leaders, as Washington pushes for

a swift peace deal to end Europe's deadliest conflict in eight

decades.

This follows Trump's meeting with Russian President Vladimir

Putin on Friday, where the two leaders agreed to pursue a peace

deal without implementing a ceasefire.

"There was not much reaction in gold to the Putin-Trump

meeting. I think we'll continue in this price range. Next

inflection point is the Federal Reserve," said Marex analyst

Edward Meir.

Minutes from the U.S. central bank's July policy meeting are

due on Wednesday, ahead of the Fed's annual conference in

Jackson Hole, Wyoming, scheduled for August 21-23. Fed Chair

Jerome Powell is expected to speak at the event.

Markets will be watching Powell's remarks on interest rates,

a 25 basis point cut is already priced in, but there's an

outside chance of a 50 basis point reduction, which could drive

gold prices higher, Meir said.

Gold tends to perform strongly in environments with low

interest rates and heightened uncertainty.

Elsewhere, spot silver rose 0.2% at $38.07 per ounce,

while platinum fell 0.5% to $1,328.40.

Spot palladium gained 0.3% to $1,115.68 after falling

to its lowest level since July 10 earlier in the session.

(Reporting by Noel John in Bengaluru; Editing by Arun Koyyur)