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Gold price eases on firm dollar ahead of central bank meetings


Gold prices slipped on Monday as the dollar stood tall against its peers ahead of key central bank meetings and U.S. inflation and payrolls data this week.

Spot gold was down about 0.3 percent at $1,219.91 an ounce at 0335 GMT. U.S. gold futures were 0.3 percent lower at $1,219.10 an ounce.

The dollar rose slightly in Asia against major rivals on Monday, as market participants awaited central bank meetings this week, which could set the near-term course for currencies.

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