India, Aug. 17 -- Following the modest rebound seen during last Friday's session, the price of gold has shown a more notable move to the upside during trading on Monday.

Gold for December delivery is climbing $36.70 or 0.8 percent to $4,474 an ounce after rising $16.90 or 0.4 percent to $4,437.30 an ounce in the previous session.

The increase by the price of the precious metal comes amid a modest decrease in the value of the U.S. dollar, with the U.S. dollar index slipping by 0.1 percent.

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