Gold Starts Falling,this Monday, still digesting the statements of several members of the US Federal Reserve (Fed), according to which the withdrawal of stimulus should be faster.

Adding to this, Christopher Wallace, senior auditor at the Fed in St. Louis, said that the central bank should raise interest rates due to rising inflation.

On the major exchanges, gold is currently down 0.31%, with the ounce losing to $1,848.60. Silver and platinum, on the other hand, are up 0.23% and 0.43%, respectively.

For foreign exchange, the euro remains down. It loses 0.19% against the US currency, to $1.1269, and slides 0.05%, to £0.8386.

Meanwhile, the dollar is adding up. The index that measures the US currency against a basket of rival currencies is advancing 0.12%, to 96.15.