After losing over 5% in the past three sessions, gold edged up Monday morning after the U.S. dollar leveled off against the euro. Moreover, bargain hunting at lower levels, after the yellow metal hit its three-month low late Friday, also helped prices improve.
April gold was up $14.3 to $1,067.10 an ounce.
Meanwhile, the U.S. dollar was flat against the euro, while edging up versus the Canadian dollar.
Silver and platinum were also edging 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.