Alors que les investisseurs se préparent à recevoir les données U.S. economic trends and comments from Federal Reserve officials this week for greater clarity on the In the future direction of American interest rates, the price of gold fell for the second time in a row on Monday.

Spot gold fell 0.5% to $2,669.22 per ounce at 0306 GMT. US gold futures fell by 0.7% to $2,675.90. According to Yeap Jun Rong, market strategist at IG, “gold prices were previously seen as a hedge against American political risks, and a faster-than-expected conclusion of elections could be a trigger for some unblocking in the short term, with the stronger US dollar.” Spot gold prices recorded their worst week in more than five months on Friday, as Donald Trump's presidential election victory raised the prospect of higher tariffs that could keep interest rates high.

Bullion is considered inflation protection, but rising interest rates are increasing the opportunity cost of holding them.

Spot silver fell 0.4% to $31.17 per ounce, platinum rose 0.3% to $971.11, and palladium added 0.5% to $993.74 per ounce.