Gold Prices Decline as Demand Weakens After US Diplomatic Progress
Gold prices (XAU/USD) continue to show a bearish trend as they trade just above a two-week low during the Asian session on Tuesday. Recent developments regarding a ceasefire brokered by US President Donald Trump between Iran and Israel have shifted market dynamics. As optimism rises about peace efforts, interest in the safe-haven precious metal has diminished. Market participants express a keen interest in how the unfolding geopolitical landscape will affect gold’s demand going forward.