(RTTNews) - The price of gold was extending losses in Asian trading Monday as the U.S. dollar remained firm after upbeat jobs data.
Gold for April delivery, the most actively traded contract, eased $5.60 to $1,734.70 an ounce. Last week, gold advanced to a 3-month high before settling at $1,740 after a resoundingly positive U.S. jobs report generated interest in riskier assets.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,277.13 tons.
