Gold down

Bengaluru: Gold prices were little changed on Monday as investor interest in the yellow metal dropped as the U.S. dollar steadied and there were signs of easing tensions on the Korean peninsula, reducing the safe-haven demand for gold.

Spot gold fell 0.1 percent to $1,320.80 per ounce at 0428 GMT.

U.S. gold futures for June delivery declined 0.1 percent to $1,322 per ounce.

Gold is set for a slight monthly decline of 0.2 percent for April "Gold is still tracked very closely with the dollar," said Helen Lau, analyst at Argonaut Securities.

The dollar index , which touched a 3-1/2-month high of 91.986 on Friday, was steady at 91.552. Markets were mostly quiet on Monday with Japan, China and India on holiday and as much of Asia will be closed on Tuesday.

"Geopolitical risks also seem to be turning around. Everybody want to comes to the table and negotiate a deal," Lau added.