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May 6, 2025

Gold Reaches Two-Week High as Geopolitical Tensions Support Safe-Haven Assets

The price of gold (XAU/USD) has captured additional buyers for the second straight day, climbing to a peak not seen in nearly two weeks, around the 3381-3382 area during Tuesday’s Asian session. Despite indications that US-China trade tensions may be easing, investors remain anxious due to the unpredictable nature of US President Donald Trump’s trade policies. Safe-haven assets like gold are experiencing renewed interest as market participants navigate through this uncertainty and volatility.

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