Gold traded 0.1% lower at $4,387.43 a troy ounce at 0051 GMT in the early Asian session. U.S. nonfarm payrolls due this week could influence expectations for the Federal Reserve’s September meeting, according to Konstantinos Chrysikos of Kudo.com. Softer employment data could reduce downside pressure on gold, while stronger figures or more hawkish Fed comments could weigh further on the metal. Chrysikos also identified Middle East tensions and elevated oil prices as continuing risks.