Gold prices increased slightly on Monday, supported by a weaker dollar. Investors are focused on upcoming US economic reports, including the December nonfarm payrolls, to assess the Federal Reserve’s next steps on interest rates. Spot gold rose by 0.2% to $2,643.69 per ounce at 0229 GMT, while US gold futures went up by 0.1% to $2,656.80.
Gold prices edge higher as investors await US economic data for clues on Federal Reserve’s interest rate policy. Spot gold rose 0.2%, while US gold futures climbed 0.1%
