Gold fell to a six-week low on renewed economic worries over the euro zone, which weighed down on bullion's inflation-hedge appeal.
Gold fell below $1,650 an ounce after data showed disappointingly small growth in U.S. retail sales in January, while some investors stayed at the sidelines ahead of a G20 meeting later this week, which is expected to set the tone for the gold trade.
Gold futures settled nearly unchanged at $1,649 per ounce, as the dollar fell following a statement from the Group of Seven industrialized countries reaffirming commitment to market-determined exchange rates.
Gold fell to a one-month low on Monday, as investment appetite for the metal was hurt by a sluggish price performance in the year to date.
Underlying sentiment in bullion and the euro was weak after the European Central Bank highlighted downside risks to the region's economy.
Gold eased after the European Central Bank (ECB) left interest rates unchanged and as the focus turns to an imminent press conference that could give further clues on monetary policy.
Gold edged higher, recovering early losses, as stocks came under pressure from renewed concerns over the euro zone economy, and on caution ahead of a European Central Bank meeting later this week
Gold retreated from an initial rally as solid gains in U.S. equities and an improving economic outlook weighed on the metal's safe-haven appeal.
Platinum rose after mostly upbeat U.S. data signaled the economic recovery is gaining traction, with a soft earnings update from the world's biggest platinum miner and strong monthly U.S. car sales reports adding to support.
Gold rose on Friday, set for a weekly gain, after U.S. nonfarm payrolls data showed modest job growth.
Gold fell nearly one percent on Thursday as investors disappointed by its failure to rally further on the previous day's soft U.S. growth reading cashed in gains.
Gold rose after data showed the U.S. economy unexpectedly contracted in the fourth quarter, and stayed higher as the Federal Reserve left in place its bond-buying stimulus plan.
Gold snapped a four-day losing streak, but gains were limited as investors sought further indicators of U.S. economic strength, including a Federal Reserve statement later in the week.
Gold edged lower on Monday as investors remained cautious ahead of an eagerly awaited U.S. Federal Reserve meeting, which should disclose more details on the Fed's quantitative easing policy.
Gold prices fell to a two-week low after the European Central Bank said banks would repay 137 billion euros ($183.2 billion) in cheap loans, which reassured investors the euro zone banking system was stabilizing.
Gold fell to a one-week low after a repeated failure to break above a key chart level hurt investors' confidence in the metal.
Gold dropped, retreating from the previous session's one-month high, as signs of an improving global economy capped investor interest in safe-haven investments.
Gold rose on Tuesday as the Bank of Japan's pledge to launch an economic stimulus effort and a five-year high in U.S. equities prompted nervous investors to buy gold.
Gold prices rose on Monday as stock markets were lifted towards two-year highs by moves to break a budget impasse in the United States, and as the euro steadied.
Gold prices firmed on Friday, tracking gains in equities and other commodities as encouraging data from China and the U.S. boosted optimism.