COMEX gold futures refreshed new all time highs above $3828 an ounce mark on Monday morning in Asia tracking sustained weakness in dollar overseas. The US inflation data came in line with expectations, reinforcing bets that the US Federal Reserve (Fed) may continue with interest rate cuts later this year, dampening sentiments for the greenback. US inflation, as measured by the US Personal Consumption Expenditures (PCE) Price Index, rose to 2.7% year-on-year in August from 2.6% in July, the US Bureau of Economic Analysis reported Friday. This figure came in line with the market consensus. The core PCE Price Index, which excludes volatile food and energy prices, rose 2.9% year-over-year in August. Moreover, ongoing geopolitical tensions are also likely to keep the yellow metal supported.