Gold Slips as Risk Appetite Improves, Focus Turns to Economic Data

Gold prices fell on Monday as safe haven rally paused and profit taking emerged.

Stronger U.S. retail sales data last week pointed to sustained hawkish Fed stance, keeping pressure on gold.

Markets watching to see if Israel-Hamas conflict spills over into wider Middle East region.

Copper rebounded as focus turns to China Q3 GDP data, which is expected to show further economic weakness.

China PBOC also set to decide on key loan prime rate this week, though change appears unlikely.