Gold Prices Hold Steady After Recent Profit-Taking Dip

Reported about 22 hours ago

Gold prices remained stable on Wednesday following a 1.3% drop as traders took profits following a record-breaking run despite positive momentum from weak US economic data and increased demand for safe-haven assets due to tariff threats from President Trump. Currently priced around $2,915 per ounce, gold finds support from inflows into bullion-backed ETFs, sparking interest in potential future gains, while traders await key inflation data for insights into Fed monetary policy.

Source: YAHOO

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