Gold futures trade lower in early deals on Monday
Gold futures traded lower in early deals on Monday, as the safe haven appeal of the bullion dulled after the US signalled progress on several trade deals and announced an extended tariff reprieve for some countries. The yellow metal for the most active contract had marked 1.8% gain for the week.
Gold futures for August delivery down by $25 or 0.75% to $3,317.90 an ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $28.13 or 0.84% to $3,309.02 an ounce.
