Gold prices fell on Monday as the dollar strengthened and investors awaited a series of monetary policy meetings at major central banks including the US Federal Reserve this week.

Spot gold was down 0.4 percent at $2,147.89 an ounce by 0259 GMT. U.S. gold futures were down 0.5 percent at $2,151.30 an ounce.

The Federal Open Market Committee is scheduled to begin its two-day meeting on interest rates on Tuesday. It will announce its interest rate decision on Wednesday, followed by a statement.

The Federal Reserve is almost certain to keep interest rates in the 5.25-5.5 percent range, but it could signal higher rates for longer given continued consumer and producer inflation.

Higher interest rates reduce the appetite for non-interest-bearing gold.

The dollar rose to near a two-week high against rival currencies, making gold more expensive for holders of other currencies.

Among other precious metals, spot platinum fell 0.1 percent to $932.45 an ounce. Palladium was steady at $1,077.25 an ounce. Silver fell 0.6 percent to $25.01 an ounce.