Gold continues to move flat as investors are still waiting for a clear indication to determine the next price move.
The Asian session saw the yellow metal hovering around the same price at $1,876 per ounce despite fluctuations in the previous session with limited movement.
Investors are still trying to digest the latest statements from Federal Reserve (Fed) policymakers, especially Chairman Jerome Powell this week.
After the dovish indication given at last week's FOMC policy meeting, Powell said that interest rates may rise higher than expected if the data does not cooperate.
In principle, the Fed is seen to have gradually become less aggressive, but the recent NFP employment data provides some comfort for the central bank to keep interest rates high.
In fact, some other Fed policy makers are also seen as still open to more hikes although they need to see the incoming data first.
Even so, the price of gold failed to show significant changes following the statement with US dollar trading and major currencies also moving slowly across the market.
