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The dollar index maintained its downward trend, declining 0.03 percent on Monday
Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel
Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies
Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
U.S. consumer prices increased less than expected in April, which supported bullion
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Decline in inflation indicators could bode well for the precious metal
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
Stagflationary risks in the U.S. continue to support gold prices
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Softer U.S. jobless claims data contributed to the optimism surrounding gold
Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
China's central bank marked its 18th consecutive month of gold purchases in April
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
Gold prices have established a support base around the $2,280 mark over the past week
Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel
Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September
Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks
