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Gold steadies as haven demand offsets stretched momentum
Gold prices are holding firm near recent highs as persistent haven demand continues to offset signs of short term momentum fatigue. While the metal has struggled to generate clean upside follow through above the 5200 area, the broader macro backdrop remains supportive enough to keep downside pressure contained. Recent market headlines reinforce this balance. Ongoing tariff uncertainty and intermittent geopolitical tensions are maintaining a defensive allocation bias across precious metals. At the same time, US real yields have failed to produce the kind of sustained breakout that typically triggers deeper gold ... (full story)