Gold was largely pressured by an imminent U.S. interest rate hike by the Fed in December on expectations of improving economic growth.
European markets closed lower on Monday amidst political uncertainty in Italy and revived hopes of an OPEC production cut.
U.S. stocks closed lower as financials lagged, while a massive post-election rally eased, and investors kept an eye on oil prices.
U.S. stock index futures pointed to a higher open on Tuesday as traders digested Wall Street's worst performance in nearly a month.
OPEC experts ended their meeting on Monday without agreeing on details of a planned reduction in oil output by individual countries.
The dollar edged down on Monday, surrendering some gains after a sharp rally that followed Trump's surprise victory.
Gold rose over 1 percent, recovering from 9-1/2 month lows, as the U.S. dollar extended losses after touching a near 14-year high last week.
The Japanese benchmark closed lower on Monday after seven straight sessions of gains as the yen strengthened and oil prices slipped.
U.S. stock futures pointed to a lower open as investors assessed the possibility of OPEC agreeing to a production cut this week.
U.S. equities closed higher on Friday as investors kept an eye on retailers during Black Friday as a post-election rally moved forward.
U.S. government debt prices were lower Friday as investors continued to speculate on whether the Federal Reserve will raise rates next month.
European stocks closed slightly higher Friday amid low liquidity as a result of a shortened session on Wall Street.
Asia markets were positive on Friday, amid a lack of cues from U.S. markets, which were shut Thursday for the Thanksgiving holiday.
The dollar retreated against its major currency peers, a pullback in U.S. bond yields spurring some profit-taking.
Oil prices extended losses after Saudi Arabia said it will not attend talks on Monday with non-OPEC producers to discuss supply cuts.
Gold fell on expectations of a Federal Reserve rate hike and as the dollar extended its bull run against the yen.
Asia markets trade mixed in cautious trade after Dow, S&P 500 post records.
U.S. stock index futures pointed to a higher open on Friday morning as traders eyed data.
The dollar climbed past more of last year's peaks against the euro, pushing towards the parity that banks are saying is on the cards.
Uncertainty ahead of an OPEC-led cut and thin liquidity during the U.S. Thanksgiving holiday kept traders from making big new bets.