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Gold Slips Amid Caution Ahead of US Data

Gold prices fell amid cautious investors awaiting the non-farm payrolls data for the month of July to be released on Friday to gauge the strength of the labor market, while the attractiveness of gold also limited the rally of stocks.

And gold fell in spot transactions 0.3 percent to $ 1807.54 an ounce by 0718 GMT. On Friday, prices retreated from a two-week peak after the dollar recovered slightly from its lowest level in a month.

The dollar index fell 0.8 last week, its worst performance in more than two months.

And US gold futures fell 0.3 percent to $ 1810.90.

As for other precious metals, silver settled at $25.46, while palladium rose 0.3 percent to $ 2668.7, and platinum increased 0.7 percent to $ 1056.32.

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