The price of gold was little changed Monday morning even as the U.S. dollar was ticking lower against a basket of currencies. There was lack of physical buying of gold, analysts opined.
Gold for April delivery edged up $0.9 to $1,136.10 an ounce. Bullion was struggling to move higher after having hit its 7-week high near $1,145 last week.
Meanwhile, the greenback was edging higher versus the euro, recovering some of its early morning losses .
Elsewhere, the prices of silver and platinum were ticking higher in morning deals, with platinum hovering near its 7-week high as investors and exchange traded funds, reportedly, build long positions.
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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.