Gold fell after five days of gains, as investors booked profits while waiting for a raft of US data this week that should offer clues on the Federal Reserve’s appetite for further interest-rate cuts.
Bullion dropped as much as 0.6% to near $4,280 an ounce. It remains within $100 of a record high set in October following the Fed’s third reduction in borrowing costs last week, but policymakers have since offered conflicting views over the need for more rate cuts in 2026.