Gold managed to record a new high in today's Asian session at $1195.00 per ounce, as it is taking the advantage of the weakened dollar that declined against the euro and the yen amid cheerful fundamentals released from different economies.

On the other hand, the dollar continued to decline to record the lowest in 17 months against a basket of major currencies, besides recording the lowest in 14 years against the yen as the pair recorded a low of 86.28.