Gold Falls as US Dollar Gains

Gold price edges down 0.19% as US Dollar gains Gold price decreased by 0.19% on Monday. The escalation of the Middle East conflict is weighing on Gold prices amid high energy prices. The US Dollar Index is up 0.19% at 100.94, while the US 10-year Treasury yield i

Gold price edges down 0.19% as US Dollar gains

Gold price decreased by 0.19% on Monday.

The escalation of the Middle East conflict is weighing on Gold prices amid high energy prices.

The US Dollar Index is up 0.19% at 100.94, while the US 10-year Treasury yield is up nearly five basis points to 4.598%, a headwind for Gold.

XAU/USD trades at $4,011, down from a previous high of $3,900, as Crude prices rise 0.33% to $82.05 per barrel.

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