In gloomy market trading, gold moved lower as the US dollar began to show signs of rebounding even with relatively limited movement.
During the Asian session, spot gold traded lower at $ 1,827 per ounce, while gold futures were $ 1,828 per ounce.
After days of weak moves since the beginning of the week, the US dollar began to show signs of strengthening by trading higher against other major currencies.
Investors are now awaiting the latest indications from the central bank on further monetary policy plans, particularly from the Federal Reserve (Fed).
Chairman Jerome Powell will testify on the Semi -Annual Monetary Policy Report before the Senate today and will repeat his testimony before a different commission on Thursday.
UK inflation data to be published in the European session will also be the focus of the market in the European session, with consumer prices expected to continue to rise at a 40 -year high in May.
