Gold Struggles Despite Softer USD as Higher-for-longer Interest Rate Bets Weigh

Gold (XAU/USD) trades with a mild downside bias on Monday despite a weaker US Dollar (USD), as macro headwinds stemming from the ongoing US-Iran war keep gains in check. Gold (XAU/USD) trades with a mild downside bias on Monday despite a weaker US Dollar (USD), as macro he

Gold (XAU/USD) trades with a mild downside bias on Monday despite a weaker US Dollar (USD), as macro headwinds stemming from the ongoing US-Iran war keep gains in check.

Gold (XAU/USD) trades with a mild downside bias on Monday despite a weaker US Dollar (USD), as macro headwinds stemming from the ongoing US-Iran war keep gains in check. At the time of writing, XAU/USD is trading around $4,669, down about 0.84% on the day after hitting an intraday peak of $4,730.

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