Gold prices Fall Ahead Of Economic Data Releases

Dubai – ( Massader News)

Gold prices fell on Monday, and metal futures reached $ 1271.8 an ounce, ahead of US income and spending data, according to a report published by Mubasher.

The spot price of precious metal fell by 0.2% to $ 1271.2 an ounce.

Spending and personal income data are due to be released later in the day as investors watch the Federal Reserve’s monetary policy decision this week on interest rates, according to Mubasher.

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