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Gold holds firm near record highs on geopolitics and Fed outlook
Gold (XAU/USD) holds firm on Tuesday after coming under brief pressure following a mixed batch of US economic data and a mild rebound in the US Dollar (USD). At the time of writing, XAU/USD trades around $4,478, holding just below the fresh all-time high near $4,497 set earlier in the day. Gold continues to draw support from escalating geopolitical tensions, which are sustaining safe-haven demand. At the same time, sustained expectations that the Federal Reserve (Fed) could lower interest rates further into 2026 provide an additional tailwind to Bullion, helping prices remain underpinned near record levels. The ... (full story)
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