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Source: https://www.mining.com/gold-price-on-course-for-biggest-monthly-gain-since-july/
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Gold prices held firm on Monday and are on course for their biggest monthly jump since July 2020, as growing inflationary pressures continue to provide a boost to bullion’s appeal.
Spot gold dipped by 0.2% to $1,904.41 per ounce by 11:45 a.m. ET, but is still up 7.7% for the month. US gold futures saw a modest gain of 0.1% to $1,908.20 per ounce on the Comex.
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Gold prices held firm on Monday and are on course for their biggest monthly jump since July 2020, as growing inflationary pressures continue to provide a boost to bullion’s appeal.
Spot gold dipped by 0.2% to $1,904.41 per ounce by 11:45 a.m. ET, but is still up 7.7% for the month. US gold futures saw a modest gain of 0.1% to $1,908.20 per ounce on the Comex.
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