Gold Price Stabilizes Below Record High Fuelled by Strong Demand for Safe Havens
Gold prices have stabilized within a tight range on Tuesday, holding steady above 2800. This comes after a turbulent Monday influenced by recent U.S. tariffs. Investors continue to seek refuge in gold as economic uncertainty persists globally. The combination of safe haven demand and geopolitical tensions creates a compelling environment for gold trading. As markets fluctuate, gold remains an attractive asset, drawing cautious optimism from traders. Monitoring geopolitical and economic developments will be vital for predicting the future direction of this precious metal.
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