Gold slips 0.6% to $4,169.10 as dollar firms, oil rises
Spot gold fell 0.6% to $4,169.10 per ounce by 1:45 p.m. EDT on Monday, after reaching a one-week high. Investors awaited U.S. inflation data for clues on the Federal Reserve's rate path.
Gold fell after reaching a one-week high on Monday, with a stronger dollar and rising oil prices weighing on the metal. Investors were also waiting for US inflation data for indications on the Federal Reserve’s interest-rate path. m. EDT.