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January 7, 2025

Gold Prices Maintain Positive Trend Despite Lack of Bullish Momentum

Gold prices (XAU/USD) have edged higher during the Asian session on Tuesday, building on the previous night’s bounce. However, the overall market sentiment suggests a lack of significant bullish momentum. Expectations surrounding US President-elect Donald Trump’s policies could influence the commodityโ€™s standing as a hedge against inflation. As global economic conditions evolve, investors should closely monitor gold pricing trends for potential opportunities. Understanding the interplay of political and economic factors can aid in forming robust investment strategies.

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