Gold prices (XAU/USD) are on the rise, reaching a nearly two-week high around the $3,344-3,345 area during Thursday’s Asian session. This uptrend extends for the fourth consecutive day. Investors are expressing concerns over the US fiscal outlook following recent credit rating downgrades, prompting many to seek refuge in gold. As the market reacts to these economic developments, gold continues to be a key focus for investors looking to hedge against financial uncertainties.