Dollar Gains Push Gold Prices Lower Amid Shift in Market Focus

The gold market experienced a reversal on Monday, ending its three-session winning streak as investors shifted their focus back to U.S. yields and the Federal Reserve's interest rate policy.

The dollar continued its upward trajectory against major currencies, extending gains following the Fed's recent rate hike, which had lifted it previously.

Gold futures turned lower on Monday, as market participants returned their attention to interest rates and monetary policy. The SPDR Gold Shares ETF (GLD) was among those affected by this shift in focus.