Gold futures traded tad lower in early deals of Monday, after the stronger than expected US jobs data dulled safe haven appeal of the bullion. Albeit, the losses remained capped with the bargain hunting after the yellow metal for the most active contract dipped about 1.3% for the week.
Gold futures for February delivery lower by $3.10 or 0.15% to $2011.40 per ounce on the Comex division of the New York Mercantile. While, spot gold down by $7.85 points or 0.39% to $1,996.82 per ounce.