Gold prices fell as the dollar strengthened by 0.2% due to a strong U.S. payrolls report. U.S. gold futures decreased 0.3%, and spot gold dipped 0.1% to $1,945.66 per ounce. Gold prices had already slipped over 1% on Friday due to the announcement of a 339,000 increase in US nonfarm jobs last month. But a surge in unemployment rates tied with prospects of a Fed rate pause this month changes that scenario. The pause creates possibility for gold prices to become less attractive to buyers in the high interest rate environment.