Gold prices slipped lower as the U.S. dollar remained supported by Friday's strong U.S. housing sector data.
Data showed that U.S. homebuilding increased to more than a one-year high in January and that building permits soared to their highest level since 2007.
The upbeat report overshadowed fresh concerns over the deficit in the U.S., which is projected to climb near $1 trillion in 2019.
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