Gold hits more than one-week low ahead of Fed meet

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(Reuters) Gold prices fell to a more than a one-week low on Monday, as investors positioned ahead of the U.S. Federal Reserves policy decision and a series of other central bank meetings this week...

Spot gold was unchanged at $2,155.78 per ounce, as of 1011 GMT after hitting its lowest level since March 7 earlier in the session..

U.S. gold futures fell 0.1% to $2,159.50...

Gold traders are set to remain highly sensitive to what Fed Chair Jerome Powell might say about the Federal Open Market Committees (FOMC) thinking surrounding a potential June rate cut, Han Tan, chief market analyst at Exinity Group, said...

Traders mostly expect the U.S. central bank to hold interest rates unchanged at the end of a two-day policy meeting on Wednesday, and are pricing in a 58% chance of a rate cut in June...

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