Gold prices remained flat on Monday, with spot gold holding at $2,497.25 per ounce as investors await key U.S. inflation data due this week. U.S. gold futures edged up by 0.1 percent to $2,526.10. The August Consumer Price Index (CPI), expected on Wednesday, followed by the Producer Price Index (PPI) on Thursday, could strengthen bets on potential rate cuts by the Federal Reserve. Analysts suggest that gold prices could remain supported in the $2,470-$2,480 range, with a lower CPI potentially boosting bullion’s appeal.

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