Skip to main content

MoneyWorks4Me

Gold futures trade higher in early deals on Monday

16 Jan 2023 Evaluate
Gold futures traded higher in early deals on Monday, as the dollar dwindled making the green back denominated bullion cheaper for other currency holders. The most-active yellow metal contract had reached a ‘golden cross’, above benchmark $1900 on Friday, and posted 2.9% weekly gain.

Spot gold up by 0.29% or $5.60 to $1,925.83 per ounce.