Senior refinery technician Vincente Sandoval puts a gold ‘button’ into a furnace to be further refined to form gold doré bars at Newmont Mining’s Carlin gold mine operation near Elko, Nevada, US. Picture: REUTERS/RICK WILKING
Spot gold fell 0.2% to $1,810.71 per ounce by 5.32am. On Friday, prices retreated from a two-week peak, after the dollar recovered slightly from a one-month low. The health of the labour market is an important prerequisite for the US central bank to taper monetary stimulus.
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