Gold was steady on Monday after climbing as much as over 1 percent in the last session as weaker-than-expected U.S. jobs data trimmed expectations of a Federal Reserve rate hike in September.
 

FUNDAMENTALS

Spot gold was mostly unchanged at $1,323.64 per ounce by 0120 GMT. The metal rose 0.9 percent to $1,324.65 on Friday.

  U.S. gold futures were nearly flat at $1,327.40.

                          U.S. employment growth slowed more than expected in August after two straight months of robust gains and wages were tepid.

Asian physical gold demand improved slightly this week as a correction in prices prompted consumers to buy for the upcoming festival and wedding season, with discounts in India narrowing to the smallest in three months.

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