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Gold rises on weaker dollar; investors await US jobs data
Khaleej Times
|July 01, 2025
Gold edged higher on Monday, supported by a weaker US dollar, while investors hunkered down for US economic data due later this week for signals on the Federal Reserve's policy path.
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Spot gold rose 0.5 per cent at $3,287.64 per ounce at 1447 GMT after reaching its lowest point since May 29 earlier in the session.
The yellow metal was up for the second straight quarter, rising 5.2 per cent. US gold futures was up 0.4 per cent at $3,299.40.
This story is from the July 01, 2025 edition of Khaleej Times.
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