Gold gains over 1% as as US Dollar pares post-NFP gains, US CPI in focus
Gold (XAU/USD) edges higher during Monday’s American trading hours as a softer US Dollar (USD) and lower US Treasury yields support the metal. Traders are turning their attention to this week’s US inflation data. At the time of writing, XAU/USD trades around $4,117, up 1.26% on the day.