(RTTNews) - The price of gold was little changed Monday morning as traders await clues from a host of economic data, including retail sales, inflation and housing starts, due out this week from the U.S.
Gold for December delivery, the most actively traded contract, edged down $0.20 to $1,365.30 an ounce. Last week, gold advanced to a record intraday high of $1,424 before settling at $1,365.50, erasing $32 during the week.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,290.86 tons.
Meanwhile, the U.S. dollar was trading near its 2-month high versus the euro and around its 2-week high against sterling. The buck continued to trade firm against the Swiss Franc and the yen.
Elsewhere, the price of silver ticked higher and platinum moved down in morning deals.
Today traders will look to the results of survey by the NY Empire State Manufacturing and data on retails sales due out from the U.S, later during the session.
