Despite a slight slowdown in bullish momentum, gold prices maintained near-record levels as global investors treated cautiously ahead of key economic data releases. Geopolitical tensions in regions like the Middle East and ongoing crises in Russia and Ukraine, coupled with a recent earthquake in Taiwan, continued to drive safe-haven demand for gold, further supported by a weakening US Dollar.
Gold prices are trading flat while currently testing the resistance level. Suggesting the commodity might trade lower.
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