Metals Stocks: Gold climbs to kick off March after worst month since 2021

by | Mar 1, 2023 | Stock Market

Gold prices advanced Wednesday in the first session of March after booking their biggest monthly decline since June 2021 in February. Price actionMarket drivers The U.S. dollar is kicking off March in the red after the ICE U.S. Dollar Index DXY, a gauge of the greenback’s strength against a basket of major currencies, logged its biggest monthly advance since September in February. The weaker greenback is helping to bolster the price of gold, along with U.S. stocks, which looked set to open higher Wednesday….

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