Snapping its two-day up move, the price of gold edged down Monday morning after the U.S. dollar extended gains against the euro and moved higher versus a basket of currencies.
Gold for April delivery was down $4.7 to $1,114.20 an ounce.
In news bullish to gold, the National Union of Mineworkers, South Africa, threatened to stop work at the country's biggest gold miner, Gold Fields Ltd., on a dispute over a fitness test.
Traders will look to the U.S. personal income and construction spending data for January apart from Manufacturing Index for February, scheduled to be released later today.
Elsewhere, the price of silver was flat and platinum edged up in morning deals.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.