Gold slides to fresh 4-month low at start of busy week 8859222859

Gold prices fell to a fresh four-month low in European trade on Monday, as investors looked ahead to comments from key Fed officials and a raft of U.S. economic data for further signs of the central bank’s likely rate hike trajectory through the end of the year.

Comex gold futures were at $1,205.63 a troy ounce by 3:15AM ET (0715GMT), down $4.20, or around 0.4%. It touched it its lowest since March 15 at $1,204.00 earlier.

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