Stability of the Dollar Rate: The dollar remained stable against most major currencies during trading on Monday,
the first day of the second half of 2024, as analysts focused on significant upcoming events this week.

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Slight Decrease in Gold Prices

Stability of the Dollar Rate

Rise in Oil Prices

Slight Decrease in Gold Prices

Gold prices slightly decreased during Asian trading on Tuesday, staying within a narrow trading range.
The primary reason was traders’ expectations for a series of signals regarding U.S. interest rates,
which led them to stay away from the metals markets.
In June, gold experienced a price drop due to fears of rising U.S. interest rates,
leading to higher dollar and treasury bond yields. Gold remained stuck near the $2300 per ounce level.