Gold Price Resilience: Bounces Back from One-Week Low Below $3,300
Gold prices, represented as XAU/USD, continue to show resilience following last week’s decline from recent highs exceeding $3,400. On Monday, gold fell to just below $3,300, marking a one-week low during the Asian session. However, the commodity’s dip lacks sustained momentum due to a general weakness in the US Dollar, which provides support for a potential rebound.