Gold prices fell on Monday early trade, as investors looked ahead to the upcoming US inflation report, which could influence expectations regarding the scale of a potential interest rate cut by the Federal Reserve.
Spot gold dropped by 0.44 per cent to at $2,486.41 per ounce by 6:30 GMT. While US gold futures fell 0.30 per cent to $2,516.70.
Key data releases this week include the US Consumer Price Index (CPI) for August, set for Wednesday, followed by the Producer Price Index (PPI) on Thursday.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama