Gold futures settled higher on Monday, snapping a four-session losing streak, as the dollar turned lower and bond yields dropped after stock prices moved higher on recovery hopes. Traders were also looking ahead to a slew of economic data due this week.
The dollar index drifted down to 90.87, giving up nearly 0.5%.
Gold futures for June ended up by $24.10 or about 1.4% at $1,791.80 an ounce.
Silver futures for July ended higher by $1.087 or 4.2% at $26.960 an ounce, while Copper futures for July settled at 4.5285 per pound, up $0.0605 or 1.35% from the previous close.
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Market Analysis
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.