India, April 7 -- Gold prices were mixed on Monday as investors continued to book profits to offset losses in other investments, driven by concerns that a potential global trade war could fuel inflation and dent economic growth.
Spot gold dipped 0.4 percent to $3,026.75 per ounce in European trade while U.S. gold futures were up 0.3 percent at $3,042.84.
Market analysts linked the sharp decrease in gold prices last week to unfavorable global market conditions.
The precious metal experienced a decline exceeding 3 percent on Friday after China announced retaliatory tariffs on U.S. goods in reaction to President Donald Trump's new levies.
Beijing called Trump's tariff plan a "typical unilateral bullying practice" that is "inconsistent with...