The precious metal gold moved slowly at the start of the week amid investor caution ahead of the release of US inflation data.
In the Asian session, spot gold traded hovering around the price of $1,922 per ounce, while gold futures were little changed at $1,946 per ounce.
The decline in the US dollar at the beginning of the week failed to be used by the yellow metal to move higher.
Investors are now more cautious pending the release of consumer inflation (CPI) data on Wednesday and US producer inflation (PPI) on Thursday.
The two data will be used as an important indicator for the Federal Reserve (Fed)'s next policy setting at the FOMC policy meeting that will take place next week.
Over the past week, Fed policymakers have expressed strong support for maintaining the current stance at the next meeting.
Even so, the attractiveness of the precious metal gold remains affected due to expectations of the continued strong performance of the US dollar.
