Gold prices dropped slightly in early trading on Monday, but hovered near the record peak hit last week. Spot gold prices dropped at 6:40 GMT by 0.05 per cent to $2,657.11 per ounce, compared to Friday's closing price of $ 2,658.32. While, US gold futures rose 0.41 per cent to $ 2,678.95, compared to Friday's closing of $2,6681. Attribution: Amwal Al Ghad English Subediting: M. S. Salama