Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession.
Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT.
U.S. gold futures also fell 0.5% to $1,516.80 an ounce.
The dollar index, against a basket of six major currencies, hovered near a two-week high reached on Friday, making greenback-denominated gold costlier for investors holding other currencies.
Source : Reuters