Any move for DXY today

Gold prices fell on Monday, but reversed after rising safe-haven demand led to a series of strong gains in the yellow metal as attention remained focused on the potential impact of the crisis. War between Israel and Hamas.

The yellow metal saw some profit-taking after rising more than 5% last week as the outbreak of the Israel-Hamas war sent investors to safe havens.

Markets are now focused on whether the conflict between Israel and Hamas will spread to the Middle East as Israel prepares for a ground offensive in the Gaza Strip.

Prospects of rising US interest rates limit gold's appeal

Better-than-expected U.S. inflation data released last week signaled continued tightening by the Federal Reserve, and interest rates are likely to remain high for an extended period of time.
This view has weighed heavily on gold prices over the past year, and with US interest rates remaining high, any significant price gains for the yellow metal are likely to be limited.
Gold has seen some significant gains due to demand as a safe-haven asset, but primarily the dollar has remained the safe-haven asset of choice. Capital inflows into the dollar pushed it near a 10-month high last week.
Rising interest rates are bad for gold because they increase the opportunity cost of investing in the yellow metal. This thinking has capped the yellow metal's strong rally, even as deteriorating global economic conditions have increased demand for safe-haven assets.