While the trend has been for gold prices to soar, Tuesday’s trading highlights a struggle for the precious metal in carrying its intraday gains. Nonetheless, gold remains resolute, holding its place above the $3,000 mark on FXStreet. This steadfastness, despite not being able to significantly scale up, demonstrates the robust nature of the yellow metal and its appeal to investors seeking safe havens. Demand continues to be fueled by global geopolitical tensions and inflationary pressures that are keeping the precious metal underpinned. However, gold’s reluctance to rally further indicates a general sense of caution among investors, making gains elusive. Read More
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