Gold prices fell as much as 1 percent to slip below USD 2,000 on Monday, after US employment data pointed to a tight labor market, raising expectations of another rate hike by the Federal Reserve in May.
Spot gold was down 0.8 percent at USD 1,992.97 per ounce, and US gold futures slipped 0.9 percent to USD 2,007.80.
The dollar index rose 0.1 percent, making the precious metal more expensive for buyers abroad.
As for other precious metals, silver fell in spot transactions by 1 percent to USD 24.75 an ounce, while platinum fell 0.7 percent to USD 1,000.78, and palladium fell 0.1 percent to USD 1464.79.
Source: Qatar News Agency
