Gold prices eked out a marginal gain on Monday after prices pared earlier declines following the release of a closely watched gauge of manufacturing activity, which had slid to its lowest level since the onset of the COVID-19 pandemic.
Price action
Market drivers
“Gold has struggled in recent weeks against the backdrop of persistent stubborn inflation, resilient economic data, and, as a result, higher interest rate expectations. We’re seeing it bounce back a little over the last couple of sessions after briefly…
Read the full article here