Gold prices climb as investors seek safety amid persistent inflation worries, turning to gold to protect their wealth in uncertain times. This surge highlights growing caution in the market as economic pressures continue.
Gold prices tested resistance near $2,050 as easing inflation concerns sparked cautious optimism, making gold an attractive hedge amid shifting expectations for Federal Reserve rate hikes.
Gold prices decline as easing inflation data calms market worries, prompting investors to shift toward riskier assets and away from gold’s traditional safe-haven role.