Spot gold fell 0.2 percent to $1,050.80 an ounce by 0047 

GMT. It dipped to as low as $1,050.25 in the previous
session, the lowest since February 2010

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ASIAN STOCKS

Asian shares were on edge on Monday after a sharp fall in 

Chinese markets in the previous session, while the euro 

hovered near seven-month low as the currency braced for theEuropean Central Bank's monetary easing later this week.

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U.S.STOCK

U.S. stock indexes ended little changed in light trading on Friday, with consumer stocks falling as investors fretted over early reports on the U.S.holiday shopping season and Disney's subscriber losses weighed on the market.

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SPOT GOLD

Spot gold was little changed at $1,057 an ounce by 0028 GMT, after dropping 1.2 percent in the previous trading
session. The metal was within striking distance of $1,052.46, the lowest since February 2010, reached on Friday. 

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CRUDE

Crude futures lost ground in early Asian trading on Monday, with U.S. oil plunging more than 2 percent, pressured by a global supply surplus despite a cut in the number of U.S. rigs for an eleventh week out of 12.

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COPPER

London copper slipped to a fresh six-and-a-half year low on Monday, as traders bet metals prices had further to fall given China's slowing factory demand.

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GOLD

Gold extended losses on Monday, falling towards a near-six-year low reached last week, pressured by a robust dollar and upbeat comments from Federal Reserve officials on a possible U.S. rate hike next month.

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