Gold Edges Lower as Dollar Holds Firm
Spot gold fell 0.3% to $4,131.61 per ounce, with losses limited by recent soft economic data that has reduced expectations of a Federal Reserve rate hike in October.
Gold prices edged lower on Monday as the US dollar held firm, although losses were capped after recent softer economic data sharply reduced expectations for a Federal Reserve rate hike in October. 61 per ounce by 0422 GMT. US gold futures for December…