Gold futures settle modestly higher on Wednesday, extending gains to a third straight session, as the dollar exhibited some weakness despite paring most of its early losses.
The dollar index, which dropped to 103.00 in the Asian session, rallied to 103.49 in early New York session, before turning a bit easy again. The index was last seen at 103.33, down by about 0.1%.
Gold futures for April ended higher by $5.90 at $1,890.70 an ounce.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.