Bears clutch bullion on monetary tightrope

13.12.2022

Gold prices edged lower on Monday as investors squared positions ahead of U.S. inflation data and a slew of central bank meetings across the world, especially the Federal Reserve.

Spot gold was down 0.3% at $1,792.15 per ounce, as of 1003 GMT. U.S. gold futures fell 0.4% to $1,803.70.

"Friday's stronger-than-expected US...