Gold prices were lower Monday morning in quiet dealing between Christmas and New Years.
With few catalysts to go on, gold for February was down 5 dollars at $1071 an ounce.
Prices have bounced back and forth near this level since the Federal Reserve raised interest rates on December 16.
Later in the week, the National Association of Realtors’ pending home sales index for November, the weekly jobless claims report and MNI Indicators’ Chicago area business barometer for December are due out.
The material has been provided by InstaForex Company – www.instaforex.com