New Delhi, Sept. 7 -- Gold prices has been under pressure as stronger-than-expected US jobs data revived expectations of higher interest rates, while investors turned their attention to a crucial set of inflation readings due from the world's largest economy this week.

The latest labour market data has complicated expectations around the Federal Reserve's policy path, with the improvement in US employment keeping the possibility of a rate increase this month on the table. At the same time, geopolitical tensions and elevated crude oil prices continue to provide an opposing force for bullion by supporting safe-haven and inflation-hedge demand.

On Monday, Spot gold was down 0.7% at $4,398.13 per ounce as of 0710 GMT, after falling 1% on Fr...