Spot gold eased slightly to US$1,267.54 an ounce by 0030 GMT, following a 0.6% gain on Friday after data showed US employers hired the fewest number of workers in eight months in August - AFP Photo.
SINGAPORE: Gold held steady above US$1,260 an ounce on Monday, clinging to gains from the previous session on a disappointing US non-farm payrolls report that pressured the dollar, with investors also eyeing developments in the Ukraine crisis.
Spot gold had eased slightly to US$1,267.54 an ounce by 0030 GMT, following a 0.6% gain on Friday after data showed US employers hired the fewest number of workers in eight months in August, providing a cautious Federal Reserve with more reasons to wait longer before raising interest rates.
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