Gold Prices Fall As Economic Events Awaited

Dubai – ( Massader News)

Gold prices fell on Monday, and April’s metal futures contract fell by 0.2% to $ 1310.2 an ounce, as the meetings of the Federal Reserve and the Bank of England are awaited. according to report published by Mubasher.

The spot price of precious metals fell to $ 1311.1 an ounce, by 0.2%.

Investors are awaiting the Federal Reserve’s meeting this week, and it is estimated that the bank will take a decision to raise interest rates during the meeting.

The Bank of England is scheduled to hold its monetary policy meeting on Thursday, without expectations of a decision to change its monetary policy, according to Mubasher.