The precious metal (gold) fell by about 0.18% to reach almost 2020 dollars per ounce today with the beginning of market trading this week, and the US dollar (DXY) has risen by 0.15% so far.
The demand for metal as a safe haven may also be affected by easing concerns about the war on Gaza, after the Zionist entity said it had ended a series of attacks in the southern Gaza Strip, which led to the martyrdom of more than 60 Palestinians in Rafah at dawn today.
On the other hand, investors are closely watching the key US inflation data released on Tuesday, which could cancel the idea of cutting interest rates in March from the very beginning.
Among other precious metals, silver rose by 1.32%, platinum and palladium also remained in the green zone, rising by 1% and 3.2%, respectively.
