Gold subdued as investors await US data, comments from Fed officials
Gold prices were little changed in early Asia hours on Monday, as market participants awaited comments from Federal Reserve officials and economic data to gauge the U.S. interest rate path.
FUNDAMENTALS
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115158502»>* Spot gold was almost flat at $2,683.78 per ounce, as of 0012 GMT. U.S. gold futures eased 0.1% to $2,690.90.
* A slew of Fed officials are scheduled to speak this week, including Chair Jerome Powell. U.S. consumer price index (CPI), producer price index (PPI), weekly jobless claims and retail sales are the major data sets due for release this week.
* On Thursday, the Fed cut interest rates by a quarter of a percentage point as its policymakers began taking stock of what could become a more complex economic landscape when President-elect Donald Trump takes office next year.
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