Gold Price Experiences Modest Losses; Sustains Above $2900 Despite Tensions
Gold prices are experiencing modest losses on Thursday, yet they manage to hold above the significant $2900 level. Despite recent selling pressures, the market shows resilience as it contemplates rising trade tensions.
The interplay of US Treasury yields and dollar value remains crucial as changes influence gold’s attraction as an asset. Investors should watch these trends closely for potential impacts on their trading decisions.