Gold prices fell as concerns about inflation rose amid a sharp jump in oil prices, raising expectations that the US Federal Reserve could raise interest rates at its meeting this week.
Spot gold prices fell 0.3 percent to $4,334.31 an ounce at 9:30 a.m. Bangladesh time on Monday (September 14). Earlier, the price of gold fell for the third consecutive week on Friday. Meanwhile, US gold futures fell 0.8 percent to $4,375 an ounce.
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