Gold Prices Hit Weekly Highs Amid Global Turmoil and Weakening USD
Gold prices (XAU/USD) have drawn increased attention, attracting further buyers for the second consecutive day as they climb to a one-week high around $3,377-3,378 in Thursdayโs Asian session. Recent threats of tariffs from US President Donald Trump have overshadowed news of a potentially positive development in US-China trade negotiations. The flight to safety amid uncertainties is driving investors towards gold, highlighting its appeal during periods of economic volatility. Gold continues to play a critical role as a safe-haven asset. Keeping an eye on market trends today is crucial for strategic positioning in your investment portfolio.