Gold climbs near $4400 on弱美元和利率预期
Gold prices on Monday rose close to the $4,400 per ounce level, supported by a weakening dollar and diminished expectations of a U.S. interest rate hike, following a slowdown in U.S. labor market indicators and inflation pressures. The dollar’s weakness boosted demand for gold, with December delivery futures increasing by 0.3% to $4,448.10, while the spot gold price rose by 0.4% to approximately $4,391. Investors continue to monitor the dollar index and the $4,400 level, with future direction influenced by factors such as U.S. monetary policy, energy prices, and geopolitical developments.
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