Internet reports that gold futures rose slightly in relatively light trading, but due to the unclear prospects of the Federal Reserve's interest rate cut and the resilience of U.S. economic data, gold prices are expected to close down slightly this week. Analysts at Mitsubishi UFJ said in the report that strong initial filing and retail sales data have kept the market cautious ahead of the next Federal Reserve meeting. Despite this, gold prices have risen 27% year-to-date due to geopolitical risks and concerns about dollar-denominated assets caused by the dollar's decline. Analysts added that gold prices have been in range volatility recently as the market is waiting for further clarity on the prospects of U.S. trade policies, tariffs and interest rate cuts.