LIVE MARKET ALERT Gold prices hovered near 4,520.3 per ounce in intraday dealings, advancing 0.3% as investors maintained a cautious tone ahead of potential shifts in global risk sentiment. The metal remained supported by modest buying interest, with traders tracking moves in major currencies and yields for directional cues.
Market participants noted relatively contained volatility, reflecting balanced flows between safe-haven demand and profit-taking. Intraday positioning continued to focus on whether upcoming macro developments could alter interest rate expectations and, by extension, influence non-yielding asset appeal.
Key Drivers:
• Mild risk-aversion sustaining safe-haven demand in precious metals.
• Stable U.S. Treasury yields limiting upside momentum in gold prices.
This material is for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation to trade commodities. Market conditions are subject to change without notice, and performance is not guaranteed.
Gold Holds Slight Gains in Steady Intraday Trade
"Gold rose 0.3% to $4,520.3 per ounce, supported by mild risk aversion and safe-haven demand, while stable U.S. Treasury yields capped further upside momentum."
Market participants noted relatively contained volatility, reflecting balanced flows between safe-haven demand and profit-taking. Intraday positioning continued to focus on whether upcoming macro developments could alter interest rate expectations and, by extension, influence non-yielding asset appeal.
Key Drivers:
• Mild risk-aversion sustaining safe-haven demand in precious metals.
• Stable U.S. Treasury yields limiting upside momentum in gold prices.
This material is for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation to trade commodities. Market conditions are subject to change without notice, and performance is not guaranteed.