Gold falls despite the weaker dollar

News of the day, Tuesday, July 5

Gold fell by 0.2% yesterday to $1807 per ounce, over a softer dollar and prospects of higher interest rates.

The U.S. dollar edged lower today, with the DXY index down 0.1%.

Brent crude dropped today amid concerns over the possible recession. Brent crude futures were down 0.5%, while WTI crude futures were 1.1% up.

European stock futures are up today, continuing the positive start of July. DAX futures is 0.5% up, CAC 40 futures jumped by 0.5%, and FTSE 100 futures climbed 0.2%.

Key quotes for today:               
Brent — $114.00   
WTI — $110.50  
GBP/USD — 1.2065  
EUR/USD — 1.0360  
XAU/USD — $1803.10