Gold Prices Rally Near Two-Week High as Safe-Haven Demand Increases
Gold prices (XAU/USD) attract dip-buyers during the Asian session on Tuesday, moving back closer to a two-week high touched the day before. Geopolitical tensions continue to enhance safe-haven demand, significantly boosting the appeal of gold. Additionally, the resurgence of buying interest from China’s central bank, marking its first activity in seven months, serves as a positive catalyst for this precious metal. As the market responds to these influences, the bullish sentiment towards gold could strengthen further. Observers should keep an eye on ongoing global developments that may impact future price movements.
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