Australia Building Permits (MoM) came in at -10.5%, below expectations (-9.9%) in March | FXStreet

Goldattracts some sellers during the Asian session on Monday, though it lacks bearish conviction and shows some resilience below the $4,600 mark. Major central banks, including the USFederal Reserve, have turned hawkish in the wake of concerns that energy shocks stemming from geopolitical tensions in the Middle East would revive inflationary pressures.