Gold futures traded lower in early deals of Monday, ahead to another round of US-China trade talks, with the hopes that the two largest economies can make progress on an array of disputes that have rattled markets this year. However, the yellow metal for the most active contract had marked gain of about 1.75% this week.
Gold futures for August delivery down by $15 or 0.45% to settle at $3,331.60 an ounce on the Comex division of the New York Mercantile. While, spot gold higher by $ 0.92 or 0.03% to $ 3,311.34 an ounce.