Gold prices climbed on Monday as the U.S. dollar weakened, with investors awaiting further details on President Donald Trump's new tariff plan.
According to Bloomberg, spot gold rose 0.6% to $2,899.73 per ounce, while U.S. gold futures gained 0.4%, reaching $2,912.50 per ounce.
The U.S. dollar index remained near its lowest level in two months as investors assessed weaker-than-expected economic data from the United States.
Among other precious metals:
Silver rose 0.9% to $32.41 per ounce, hitting its highest level since October 31, 2024.
Platinum increased 0.8% to $986.85 per ounce.
Palladium jumped 2% to $980.70 per ounce.
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Gold prices climbed on Monday as the U.S. dollar weakened, with investors awaiting further details on President Donald Trump's new tariff plan.
According to Bloomberg, spot gold rose 0.6% to $2,899.73 per ounce, while U.S. gold futures gained 0.4%, reaching $2,912.50 per ounce.
The U.S. dollar index remained near its lowest level in two months as investors assessed weaker-than-expected economic data from the United States.
Among other precious metals:
Silver rose 0.9% to $32.41 per ounce, hitting its highest level since October 31, 2024.
Platinum increased 0.8% to $986.85 per ounce.
Palladium jumped 2% to $980.70 per ounce.
