Gold prices have retreated after reaching two-week highs, trading back near $3,300 during Thursday trading sessions. The precious metal initially peaked around $3,345 earlier in the day but normalized as the US Dollar started to recover its footing. This shift is influenced by ongoing concerns surrounding US debt levels, affecting market sentiment across the commodities spectrum. As global investors reassess strategies, gold remains a pivotal asset for those seeking refuge amid uncertainty in traditional markets. The balance between risk and the allure of gold continues to play out as economic conditions evolve.