Gold slips ahead of US data, COMEX silver steady above $30 mark

Gold futures dipped below $2,660 per ounce on Monday as markets awaited key U.S. data, including job openings, Fed minutes, and the non-farm payrolls report, to assess the Federal Reserve's stance on rate cuts. Silver futures held steady above $30 per troy ounce, supported by optimism about China's economic outlook, the world's largest silver consumer. Over the weekend, Fed officials Mary Daly and Adriana Kugler hinted at a cautious approach to rate adjustments in 2024. On the MCX, February gold futures fell by Rs 177 to Rs 77,140 per 10 grams. Silver prices remained firm amid stable market sentiment though.

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