Gold Bounces on USD Weakness as Trump Win Odds Fade

gold article image

Gold (XAU/USD) has seen a modest recovery, trading around $2,740 on Monday, driven by a weakening US Dollar (USD). As a dollar-denominated asset, gold benefits from a weaker greenback. Additionally, ongoing geopolitical tensions, particularly the potential for further conflict between Iran and Israel, are bolstering safe-haven demand for gold. The recent decline in odds for […]