Elsewhere in the metals complex, silver for March delivery SIH5, -0.05% jumped 25 cents, or about 1.6%, to $16.02 an ounce. Platinum for April delivery PLJ5, +0.25% was up $1.50 to $1,205.40 an ounce, after gaining more than 1% earlier Monday.
Palladium for March delivery PAH5, +0.54% added 55 cents, or 0.1%, to reach $795.75 an ounce, paring a more-than-1% rise in earlier trading. High-grade copper for March delivery HGH5, +0.38% lost 4 cents to $2.78 a pound.
Gold continued its winning ways in the new year, gaining ground on Monday ahead of a busy week of economic data that will be capped by the key December jobs report.
Gold for February delivery GCG5, +0.13% rose $6.00, or 0.5%, to $1,192.30 an ounce, paring earlier gains with volume looking to pick up after a holiday pause.
Tokyo (Nikkei Average) down 2.8%
Hong Kong (Hang Seng Index) down 1.5% (at break)
Shanghai (Shanghai Composite Index) down 1% (at break)
Sydney (S&P/ASX 200) down 2%
Seoul (Kospi) down 1.6%
Mumbai (Sensex) down 1.4%
Taipei (Taiex) down 2.2%
