Doha: Gold prices edged lower on Monday as a stronger-than-expected US jobs report reinforced the Federal Reserve's cautious stance on rate cuts and boosted the US dollar, weighing the bullion. Spot gold fell 0.2 percent to USD 2,684.39 per ounce. US gold futures shed 0.1 percent to USD 2,712.

According to Qatar News Agency, spot silver fell 0.6 percent at USD 30.21 per ounce, platinum dropped 0.4 percent to USD 960.54, while palladium held steady at USD 947.40. An unexpectedly strong nonfarm payrolls report on Friday indicated a resilient US economy and supported the Fed's cautious stance toward policy easing.