💨 Abstract

Gold prices increased on Monday due to a pause in the dollar's rally, and investors awaited comments from Federal Reserve officials this week regarding the U.S. interest rate path. Spot gold firmed 1% to $2,587.49 per ounce, while U.S. gold futures inched 0.9% higher to $2,592.00. The dollar was flat after a 1.6% rise last week.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖