Gold prices fell on Monday, even as the dollar weakened against most major currencies, as markets continue to evaluate potential Federal Reserve policies for this year.
This week, US retail sales data is expected, which will be crucial for assessing the future direction of US policies.
Additionally, US markets will be closed on Wednesday to observe the day commemorating the abolition of slavery.
Last week, the Federal Reserve decided to keep interest rates unchanged and projected a single interest rate cut this year.
Meanwhile, the dollar index fell 0.2% to 105.3 as of 20:28 GMT, after reaching a session high of 105.6 and a low of 105.3.
In trading, spot gold prices dropped 0.6% to $2334 an ounce as of 20:28 GMT.
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