Gold futures are currently trading lower by $10.40 or a decline of 0.51%. This is a larger percentage decline than gains witnessed in the dollar today.

After Friday’s price decline which can now be interpreted as a possible one-off, gold prices have firmed for the first two trading days of the week.

After trading to a high of $2059.60 today, gold futures closed lower. As of 4:20 PM, gold futures basis the most active February 2024 contract is down $17.90 or 0.87% and fixed at $2033.40.