Safe-haven gold rises on weak data, simmering uncertainty

By X-blogger - on June 5, 2025

Gold rose 1%, supported by a softer dollar and weak U.S. data, as investors grappled with mounting economic and political uncertainty. The U.S. dollar index fell 0.5%, making gold cheaper for buyers holding other currencies.

The Gold-Dollar pair gained 0.4% in the last session. The ROC’s is giving a negative signal.
Support: 3307.9 | Resistance: 3430.2

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