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Gold Finds Footing as Dollar Weakness Accelerates
Gold futures staged a notable recovery during Monday's trading session, climbing approximately $33 to post a daily gain of 1.02% as of 4:30 PM ET. The precious metal bounced decisively from its session low of $2,250—a level not seen since May 20th—marking a significant reversal from what had been a 27-day trough. The gold rally coincided with renewed dollar weakness, which began its descent following the opening of New York trading. Dollar weakness accounted for approximately half of gold's gains. The dollar declined 0.50%, taking the DXY index to 96.786. The Dollar Index fell from its opening price of 97.216 to ... (full story)
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- Jun 30, 2025 8:00pm Posted byFundamental Analysis217
