Gold slips from one-week high as dollar strengthens
Gold prices fell on Monday after hitting a one-week high earlier in the session. A firm US dollar weighed on bullion as investors awaited key inflation data.
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Gold fell 0.5% to $4,171.18 per ounce during Monday morning trade after hitting a one-week high earlier in the session. The drop came as a firm United States dollar weighed on bullion ahead of key inflation data. Traders are bracing for reports that could reshape expectations for the Federal Reserve's monetary policy path.
