Gold slid on Monday to hover below $US940, but the precious metal's allure as a safe-have asset remains intact as uncertainty continues to cloud the global economic outlook.
Gold was trading at $US937.70 per ounce in Asian trade, down 0.2% from New York's notional close on Friday.
The world's largest gold-backed exchange-traded fund, the SPDR Gold Trust said holdings hit a record 985.86 tonnes as of February 13, up 15.29 tonnes or 1.6% from the previous day.
