Gold Prices Edge Lower Amid Light Trading but Safe-Haven Demand Persists
The price of gold, represented as XAU/USD, has dipped slightly in light trading conditions following the Christmas holiday. Currently, it trades near $2,630 during the Asian session.
Despite this pullback, gold’s appeal as a safe-haven asset remains strong. Markets continue to focus on potential economic signals from the US as uncertainties loom. Investors can expect fluctuations as they navigate these factors.