KONTAN.CO.ID - NEW YORK. Gold edged lower on Monday due to an uptick in the dollar, although prices were stuck in a tight range as investors looked forward to U.S. inflation data and comments from Federal Reserve officials this week. Spot gold was down 0.2% at $2,021.13 per ounce, oscillating in a $5 range, at 1219 GMT. U.S. gold futures also fell 0.2% to $2,035.60 per ounce. The dollar index was up 0.1%, making greenback-priced bullion less appealing for other currency holders.
Gold Eases as U.S. CPI Takes Centre Stage
KONTAN.CO.ID - NEW YORK. Gold edged lower on Monday due to an uptick in the dollar, although prices were stuck in a tight range as investors looked forward to U.S. inflation data and comments from Federal Reserve officials this week. Spot gold was down 0.2% at $2,021.13 per ounce, oscillating in a $5 range, at 1219 GMT. U.S. gold futures also fell 0.2% to $2,035.60 per ounce. The dollar index was up 0.1%, making greenback-priced bullion less appealing for other currency holders.