Gold futures traded lower in early deals of Monday, as the risk appetite in the market with the covid vaccine rollout in United States weighed down bullion investments. However, a weaker dollar and US stimulus hopes capped some losses.
Gold futures for February delivery futures were lower by 0.2% to $1,840.70 an ounce on the Comex division of the New York Mercantile. Spot gold dipped about 0.2% to $1,834.94 per ounce.