The US Dollar bounced off a six-week low, triggering a minor correction in gold prices. This came as equity markets responded to Wall Street's positive overnight performance. The improved risk tone encouraged traders to move away from safe-haven assets like gold. Still, the overall sentiment remains cautious as broader uncertainties persist.

Gold rose more than 2% on Monday to its highest in over a week, as a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets. Spot gold was up 2.

BENGALURU] Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty over the US-China trade deal boosted demand for the safe-haven asset. Read more at The Business Times.