Gold lost some ground Monday, with weakness attributed to cautiously upbeat expectations around U.S.-China trade negotiations seen robbing the metal of its haven appeal.
Gold for December delivery on Comex fell $6.20, or 0.4%, to $1,457.40 an ounce, while December silver was off 14 cents, or 0.8%, to $16.86 an ounce.
Global equity markets were trading higher, with U.S. stock-index futures pointing to a modestly higher start for Wall Street.
Contributing to the positive tone, the Chinese government on Sunday released a document calling for more protection of intellectual property rights.
Source : Marketwatch