Gold futures trade lower in early deals of Monday, though hovered near 3-week highs, whetted by the weaker US Treasury bond yields and on pullback in dollar. The yellow metal for the most active contract had marked 3.2% gain for the week, even though it shrunk by 1.4% for the month.
Gold futures for August down by 90 cents or 0.05% to $1762.90 an ounce on the Comex division of the New York Mercantile. Spot gold was steady at $1,755.59 per ounce.