The yellow metal experienced a turbulent start to the trading week. Following its strongest weekly performance since May, gold surrendered gains on Monday as the U.S. dollar regained its footing. Spot gold decreased 0.6% to trade at $4,151.66 per ounce during early Monday sessions. Gold futures contracts slipped 0.7% to $4,167.29 per ounce. The previous week painted a contrasting picture. Gold rallied over 2%, marking its strongest weekly gain since mid-May, propelled by disappointing U.S. employment data. The nonfarm payrolls report released Thursday fell short of market forecasts. This development prompted traders ... (full story)