Gold futures traded flat in early deals of Monday, as the investors muted their buying on worries over a quicker stimulus roll back and interest rate hike by the US Federal Reserve. Weakness in dollar and slower than expected US employment data failed to buoy bullion investments. The yellow metal for the most active contract was down only by $1 compared to previous week settlement.
Gold futures for December was unchanged at $1,756.80 an ounce on the Comex division of the New York Mercantile. While, spot gold was flat at $1,756.25 per ounce.