The precious metal is showing little movement, as a stronger U.S. Dollar is putting pressure on gold. However, uncertainty over U.S. trade policies — especially potential new tariffs from President Donald Trump — is helping to keep gold from falling further.

On Friday, the U.S. jobs report showed that Nonfarm Payrolls (NFP) rose by 139,000 in May, beating expectations of 130,000, even though April’s figure was revised down from 177,000 to 147,000. The unemployment rate remained unchanged at 4.2%, and average hourly earnings stayed steady at 3.9%, both slightly stronger than expected.

The solid job data boosted the dollar and added pressure on gold, which is priced in USD. However, with the economy holding steady, traders now expect the Federal Reserve to keep interest rates unchanged at its next two meetings.

Later today, attention will turn to U.S.-China trade talks, which could influence market sentiment and impact gold prices further.