SINGAPORE (Commodity Online) : Gold prices advanced in Asian trade Monday and climbed above $1100 mark mainly on weak dollar.

Weaker-than-expected U.S. unemployment rate, which revived worries about the health of the global economy, also helped the yellow metal.

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Spot gold was seen trading at $1,100.25 an ounce at 11.30 a.m Singapore time having hit an intraday high of $1,100.40, within striking distance of Friday's record high of $1,100.90.

U.S. gold futures for December delivery was at $1,100.7 an ounce at the same time after striking a record of $1,101.90 last week.

Gold has gained as much as 25.2 percent in 2009, driven by persistent weakness in the U.S. currency, and recently by the failure of a meeting of the Group of 20 finance officials to talk more specifically about the dollar's decline.

The dollar index slipped 0.23 percent to 75.646, while the euro edged up to $1.4870, with a statement from the IMF that the dollar remained on the strong side despite a recent sell-off spurring another bout of selling in Asia.

U.S. employers cut 190,000 jobs in October, greater than the 175,000 fewer jobs forecast, and the unemployment rate rose to 10.2 percent, a 26-1/2-year high that was above average forecasts of a 9.9 percent rate.

Meanwhile, world's largest gold-backed exchange-traded fund, SPDR Gold Trust , said its holdings stood at 1,108.344 tones as of Nov. 6, unchanged from the previous business day.

Noncommercial net long U.S. gold futures positions fell 0.2 percent to 241,319 lots in the week to Nov. 3 from 241,777, a weekly report by the U.S. Commodity Futures Trading Commission showed.

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