Spot gold was up 0.4 % at $1,196.06 per ounce, after touching a high of $1,198.58, its best since Nov. 23. 

U.S. gold futures fell 0.2 % to $1,193.70 per ounce.

In his first press briefing as U.S. president-elect, Trump presided over a wide-ranging session that lasted longer than expected but contained no details on tax cuts and infrastructure spending, analysts said. 

Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding the non-yielding asset while boosting the dollar, in which it is priced.