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Gold prices were steady on Monday, as pressure from a stronger dollar and elevated US Treasury yields were offset by reduced expectations of a Fed rate hike.
The US dollar traded near a 17-month high as investors reassessed Federal Reserve rate expectations and French fiscal and political uncertainty weighed on the euro. Bond-market volatility and demand for safe-haven assets also supported the dollar, while traders considered weaker-than-expected US jobs growth and…
The dollar stayed near a 17-month high while the euro fell to $1.1161, its lowest since May 2025, as French debt and political concerns fueled euro zone stress fears despite weaker US jobs data.