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OPEC+ agrees to a bigger-than-expected production increase  in August - Bloomberg

The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed on Saturday to hike their collective crude production by 548,000 barrels per day (bpd), as they continue to unwind a set of voluntary supply cuts, per Bloomberg. This is faster than the 411,000 bps expected.
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Gold Price Forecast: XAU/USD attracts some sellers to below $3,350 amid tariff uncertainty

The Gold price (XAU/USD) attracts some sellers to around $3,320 during the early Asian session on Monday. The precious metal edges lower as the US June Nonfarm Payrolls (NFP) report altered the US Federal Reserve (Fed) policy expectations.
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