Gold futures traded lower in early deals of Monday, saddled by the rising dollar and climbing 10 year treasury bond yield notes. Additionally, lingering high interest rates also dulled investment appeal of the bullion. The yellow metal for the most active contract marked weekly loss of about 0.73%.
Gold futures for April delivery down by $1.40 or 0.07% to $2037.30 per ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $0.46 points or 0.02% to $2,023.80 ounce.