Gold prices rose at the settlement on Monday, achieving the best monthly performance since last March, supported by the weakness of the dollar and expectations that major global central banks are approaching the peak of raising interest rates.
And gold futures rose at settlement by 0.5% to $ 2009.20 an ounce.
Gold prices in the spot market rose 0.4% to $1967.77 an ounce.
The yellow metal rose 2.5% this month.
The dollar index achieved its second consecutive monthly decline, making gold more attractive to holders of other currencies.
Recent data showed signs of slowing inflation in the United States, raising expectations that the Federal Reserve is close to ending its fastest cycle of rate hikes since the 1980s.
According to CME’s FedWatch Tool, the probability that the Fed will keep interest rates unchanged this year is 60%.
