Gold Rallies As Dollar Weakens, Though Headwinds Persist

Gold prices moved slightly higher at the start of the week as the U.S. dollar weakened, making the precious metal more attractive to overseas buyers. However, gains remained limited due to rising Treasury yields and surging oil prices, both of which intensified concerns over inflation and the possibility of tighter monetary policy. 

With investors closely watching central bank policy and geopolitical developments in the Middle East, gold is likely to remain volatile as market players and entities like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) weigh its…

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