Gold prices rose 0.80% to trade at $3,266.82 per ounce in early trade on Monday, marking a gain of $25.94 from the previous session. The uptick comes amid continued demand for the yellow metal as a safe-haven asset against a backdrop of global macroeconomic uncertainty.
The metal traded within a narrow intraday band, with the day’s range between $3,237.93 and $3,271.07. Gold remains comfortably within its 52-week range of $2,286.77 to $3,500.33, showing resilience amid shifting investor sentiment and central bank policies.
Traders continue to watch for cues from upcoming U.S. economic data, inflation prints, and Federal Reserve commentary, which could influence future movement in bullion prices.
Disclaimer: This report is for informational purposes only and does not constitute investment advice. Gold investments are subject to market risks. Please consult a certified financial advisor before making any investment decisions.
