Gold futures edged lower Monday after upbeat readings on economic activity in China soothed worries over global growth and provided a lift to equity markets, robbing haven assets of some appeal.
Gold for June delivery the most active contract, fell $3.20, or 0.2%, to $1,295.30 an ounce. May silver was off 6 cents, or 0.4%, to $15.05 an ounce.
Gold ended last week under pressure, falling back below the $1,300-an-ounce level. On a most-active basis gold ended the quarter with a gain of around 1.1% but well off its February high near $1,348 an ounce.
In other metals trading : June palladium rose $12.50, or 0.9%, to $1,354.30, while July platinum was off $1.60, or 0.2%, to $852.50 an ounce.
Source : MarketWatch