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Gold creeps up as Dollar softens ahead of NFP report
Gold (XAU) price advances modestly on Monday, up 0.58%, as the US Dollar (USD) extended its losses ahead of a busy economic calendar in the United States (US). Speculations that US President Donald Trump could pick the new Federal Reserve (Fed) Chair by September or October hurt the Greenback, which trades near February 2022 lows. The XAU/USD pair trades at $3,292 after bouncing off daily lows of $3,246, poised to end June with gains of over 0.18%. Easing geopolitical tensions in the Middle East, along with the likely announcement of trade deals, capped Bullion’s advancement. Meanwhile, Citi revealed that Gold ... (full story)
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- Jun 30, 2025 7:08pm Posted byTechnical Analysis282
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