Gold surged to its highest point in over a month during the early Asian session, as the U.S. dollar weakened and Treasury yields dipped. Spot gold climbed to $3,402.86 per ounce, as the market braces for the incoming tariff deadline.
"With the August 1st deadline looming, it brings a level of uncertainty to the market, and that certainly is supportive," David Meger, director of metals trading at High Ridge Futures, said per Reuters' report.
