Gold futures slipped Monday, with the precious metal sticking to the mostly downbeat trading theme for June even as the U.S. dollar, strong throughout the month, eased in early action.
A fresh round of global trade friction was again driving financial market sentiment to start a new week, although the issue has had a subdued impact in supporting haven gold.
August gold GCQ8, -0.13% fell $1.30, or 0.1%, to $1,269.60 an ounce, trading near the lowest levels of 2018. It shaved off 0.6% for last week despite an uptick during Friday’s subdued session and is tracking a 2.6% June drop.
