U.S. employment data could shed light on the health of the economy.
The Fed has vowed to keep its rock-bottom interest rates until unemployment rate falls to at least 6.5 percent. In December, the unemployment rate held steady at 7.8 percent.
Anglo American Platinum, South Africa and labour unions have agreed to postpone a restructuring exercise that could lead to 14,000 job cuts to allow for more talks. The news sent spot platinum down 1.9 percent on Monday, its sharpest daily decline in more than a month.