03/April/2023 Gold prices dip, dollar recovers ahead of data-heavy week.



Gold prices pulled back on Monday as markets locked in some profits after a strong first quarter, with focus now turning to a slew of U.S. economic readings this week for more cues on monetary policy.

Bullion prices surged over 7% in the first three months of the year, although a bulk of gains came in March amid growing fears of a U.S. banking crisis. While government intervention calmed market concerns over an imminent collapse, the yellow metal has still remained relatively underpinned by safe haven demand. 

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