Gold trades lower as mixed fundamentals, stronger US Dollar weigh

Gold (XAU/USD) kicks off the week on a subdued note, extending its consolidation phase as traders remain reluctant to chase prices higher amid mixed macro signals. At the time of writing, XAU/USD is trading near $4,987, after marking an intraday high around $5,054, down roughly 0.90% on the day.

Gold trades lower as mixed fundamentals, stronger US Dollar weigh
Gold (XAU/USD) kicks off the week on a subdued note, extending its consolidation phase as traders remain reluctant to chase prices higher amid mixed macro signals. At the time of writing, XAU/USD is trading near $4,987, after marking an intraday high around $5,054, down roughly 0.90% on the day.

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