Gold futures traded lower in early deals of Monday, as the dollar firmed with the perceived safe haven appeal followed by the US announcement of tariffs on imports from Canada, Mexico, and China. The yellow metal for the most active contract had marked 2% for the week.
Gold futures for February delivery down by $25.20 or 0.89% to $2,809.80 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $22.81 or 0.82% to $2,775.60 an ounce