The price of gold was steady around $1,230 Monday morning amid a mixed dollar.
Gold for December delivery, the most actively traded contract, edged up $0.10 to $1,228.90 an ounce. Last week, gold advanced $12 after the weekly jobless claims in the U.S. rose and manufacturing activity in the Philadelphia region shrank unexpectedly, which have raised concerns over the nation's economic situation.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, were unchanged at 1,299.47 tons after adding nearly 13 tons in the previous three sessions.
Meanwhile, the U.S. dollar was hovering around its highest level in a month against the euro and was trading flat versus sterling. The buck was lingering around its lowest level since 1995 versus the yen.
Elsewhere, the price of silver edged up and platinum ticked lower in morning deals.
With a light economic calendar, traders will look to the movements in the currency markets to get clues.
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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.