Gold Extended Losses

Gold continues to ease on Monday as the U.S. dollar rebounded against other currencies, but buying from jewellers and investors resurfaced in Southeast Asia.

Spot gold fell to $614.40 an ounce, its lowest level in nearly four weeks, before rebounding to $615.40/616.90 an ounce.

Gold dropped nearly 2 percent on profit taking ahead of the weekend, and was last quoted in New York at $619.50/621.00 an ounce.