Gold and silver traded in the red on Monday as investors focused their attention on the upcoming United States Federal Reserve monetary policy decision and the latest US inflation report scheduled for this week.
Gold fell 1.06% at 10:40 am ET, hitting its three-week low and selling for $1,980.90 per ounce. At the same time, silver dropped 1.26%, reaching the lowest level from November 14, going for $22.75. On the other hand, platinum was flat at 10:45 am ET, trading for $920.95 per ounce, while palladium gained 1.48%, to sell for $942.45 per ounce.
