Despite a notable drop in oil prices, gold remains stable amid speculation surrounding potential interest rate cuts in the U.S. market. Analysts at Commerzbank, led by Thu Lan Nguyen, note that the recent developments in the global geopolitical landscape impact commodity prices. Investors are increasingly turning to gold as a reliable asset amidst fluctuations in the oil market. With the much-anticipated Federal Reserve decisions on interest rates looming, the gold market continues to be a focal point for traders seeking safe havens. How will these factors influence gold’s performance in the weeks ahead?