Gold futures have broken out in the post-holiday trading week, as the precious metal catches a boost from a softer U.S. dollar and cooling Treasury yields. As a result, December-dated gold (GCZ23) extended its lead above the psychologically significant $2,000 level on Monday, and tapped its highest price since May.
In today's session, the positive momentum is continuing, with gold futures up 0.6% in early trading to hover around $2,025.
