Gold fails to extend the late Friday's recovery moves.
A lack of major catalysts keeps the bullion traders clueless amid a broad risk-off wave.
US virus data keeps challenging the ease of lockdowns, Australia/Japan seem to near the decision.
Gold prices register 0.30% loss on a day while taking rounds to $1,723 as the markets in Tokyo open for trading on Monday. The bullion prices remain under pressure off-lat amid a lack of major catalysts.
The US coronavirus task force briefings have been canceled for Saturday and Sunday whereas the economic calendar in Asia also remains quiet.
Recently, US President Donald Trump witnessed criticism for his suggestion to use disinfectant injections as a trial for the virus treatment. Even so, the Republican leader’s idea of opening up the economy sooner than later guards the risks.