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Reuters reported that gold regained some ground on Monday, given strength by a falling dollar in advance of the release of key U.S. economic data.
Reuters reported that gold regained some ground on Monday, given strength by a falling dollar in advance of the release of key U.S. economic data.
As quoted in the market report:
Spot gold rose to a session high of $1,401.40 an ounce and was up 0.8 percent at $1,396.69 by 1153 GMT. It fell 1.9 percent on Friday, the steepest single-day fall since May 17, which helped push the metal to a second straight monthly decline.