Singapore - Saba:
Gold prices fell on Sunday, affected by profit-taking after the sharp rise in the previous session following the release of weaker-than-expected US jobs data, which reinforced expectations of a Federal Reserve interest rate cut in September.
Spot gold fell about 0.3 percent to $3,351.80 per ounce, having risen more than 2 percent on Friday.
US gold futures rose about 0.2 percent to $3,404.80.
The dollar index fell 0.5 percent against a basket of major currencies, making gold more attractive to holders of other currencies.
Gold prices fell on Sunday, affected by profit-taking after the sharp rise in the previous session following the release of weaker-than-expected US jobs data, which reinforced expectations of a Federal Reserve interest rate cut in September.
Spot gold fell about 0.3 percent to $3,351.80 per ounce, having risen more than 2 percent on Friday.
US gold futures rose about 0.2 percent to $3,404.80.
The dollar index fell 0.5 percent against a basket of major currencies, making gold more attractive to holders of other currencies.