Gold prices remained steady around $3,026.85 an ounce on Monday, supported by a weaker U.S. dollar and uncertainty over President Trump’s upcoming tariff plans.
After reaching an all-time high of $3,057.21 last week, gold continues to be viewed as a hedge against economic uncertainty.
Analysts suggest prices could reach $3,150 in the near term, though the market awaits clarity on Trump’s April 2 tariff implementation and Friday’s PCE inflation data release.