Gold futures traded lower in early deals of Monday, retreating after four straight sessional gains and on pressure from stronger dollar making it expensive for other currency holders. The yellow metal for most active contract had logged weekly gain by 0.1%.
Gold futures for February dipped by $12.80 or 0.71% to $1797.90 ounce on the Comex division of the New York Mercantile. Spot gold rose by $9.73 or 0.54% or $1,787.59 per ounce.