Gold prices remained at their lowest in more than five years Monday morning, having dropped six weeks in a row on speculation the Federal Reserve is about to raise interest rates.
Gold for February was flat at $1056 an ounce.
The week’s economic calendar is heavily loaded, with several market moving economic reports due for the week.
Several Fed speeches are scheduled for the week, including Chair Janet Yellen’s two public appearances.
The material has been provided by InstaForex Company – www.instaforex.com