Gold prices gained momentum as investors hold their breath for the Kremlin’s response to the proposed ceasefire deal in Ukraine. US officials are set to head to Russia for discussions. This geopolitical tension influences market behavior significantly. As uncertainty builds, gold traditionally receives greater attention from investors looking for safe havens. This soothing demand helps lift gold prices amidst the political landscape. Investors must remain vigilant regarding further developments as negotiations progress. Keep an eye on gold market reactions to maintain an informed position.