Gold (XAU/USD) prices have experienced a significant upward push, trading close to 2,920. Analysts observe that traders are largely unfazed by the recent US Consumer Price Index data for January. Instead, market participants appear to be focused on the potential for diplomatic resolutions involving US President Donald Trump and Russian President Vladimir Putin. This bullish momentum in gold indicates a strong market sentiment, representing a potential opportunity for traders looking to capitalize on the precious metal’s resilience in the face of uncertain geopolitical conditions.