India, March 17 -- Gold prices were mixed on Monday ahead of this week's highly anticipated monetary policy announcements by major central banks, including the Federal Reserve, the Bank of Japan and the Bank of England.
Spot gold edged up by 0.22 percent to $2,991.44 per ounce in European trade while U.S. gold futures were down 0.1 percent at $2,998.39.
The U.S. Federal Reserve's monetary policy meeting is likely to be in the spotlight this week along with reports on U.S. retail sales and industrial front.
The Fed is widely expected to hold interest rates steady at the conclusion of its latest policy meeting Wednesday, with traders likely to focus on Fed Chair Jerome Powell's post-meeting comments for any changes in tone.
The Bank of Ja...