emirates7 - Gold edged lower on Monday, weighed down by waning hopes of near term US interest rate cuts due to elevated energy prices, while a softer dollar helped limit losses.
Spot gold was down 0.2 percent at $5,007.58 per ounce, as of 02:40 GMT.
US gold futures for April delivery fell 1 percent to $5,011.10.
Spot silver fell 1.2 percent to $79.57 per ounce.
Spot platinum gained 0.8 percent to $2,042.98 and palladium rose 1 percent to $1,566.91
Spot gold was down 0.2 percent at $5,007.58 per ounce, as of 02:40 GMT.
US gold futures for April delivery fell 1 percent to $5,011.10.
Spot silver fell 1.2 percent to $79.57 per ounce.
Spot platinum gained 0.8 percent to $2,042.98 and palladium rose 1 percent to $1,566.91
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