Gold ticked up on Monday, taking advantage of the latest plunge in the greenback as cooler than projected US job figures drove traders to raise bets on the Fed's potential interest rate trims.

However, gains in the yellow metal were pared by surge in the in risk appetite amid the release of NFP’s figures earlier on Friday as investors shifted their attention to assets like equities that carry greater risk.

Spot gold edged up by 0.4% to $2,310.05 per ounce, while gold futures added 0.4% to $2,318.70 per ounce.

Gains hit the yellow metal following the slump in gold from record peaks during the previous three weeks. Worries of extended period of peaked interest rates and retreat in the appetite of safe haven demand were the major impacts on gold during the latest sessions.

However the gold was less pressured from the slid of the greenback, that gave up 0.8% from its gains the earlier week. The greenback retreat was triggered mainly by NFP’s figures, which spiked raised projections that Fed will start trimming rates by September.

Eyes are now on slew of speeches from Fed officials, to get more hints on the interest rate trajectory.