Gold futures traded lower in early deals on Monday after previous session’s more than three-month high rate, as the investment appeal of the bullion got dulled followed by the firmness in dollar and US bond yield notes. Gold for the most active contract had registered 5.5% gain for the week.
Gold futures for December declined by $0.9 or 0.05% to $1768.50 ounce on the Comex division of the New York Mercantile. While, spot gold down by $5.75 or 0.32% or $ 1,765.49 per ounce.