According to Jin10, gold prices fell despite a weaker dollar as investors waited for U.S. inflation data for more clues on the Federal Reserve's interest-rate decision. Zaye Capital Markets' Naeem Aslam said gold holding above the $4,400 area showed defensive demand remained strong enough to offset pressure from a robust labor market. Market participants are balancing strong U.S. economic data that support rate hikes against geopolitical uncertainty that continues to attract safe-haven demand, while attention now turns to U.S. PPI and CPI data due later this week.