DAD USD Price & Performance (DADUSD)

Gold prices have dipped below the $2,900 mark, with XAU/USD trading at $2,892.16. The market remains cautious ahead of key economic data, including the U.S. Consumer Price Index set for release this week. Technical indicators suggest a short-term bearish trend, with potential further declines if support levels are breached.12

Gold remains resilient around $2,920, supported by safe-haven demand amid ongoing trade tensions. U.S. President Trump's tariff policies have stirred inflation concerns, potentially influencing Federal Reserve actions. Analysts suggest gold prices could face resistance near $2,924, with long-term bullish sentiment intact despite short-term fluctuations.34

Gold prices recently retreated from a record high of $2,956, now hovering near $2,925. Profit-taking and tariff uncertainty have tempered gains, though underlying demand for safe-haven assets persists. Analysts note that breaking resistance near $2,960 could rekindle momentum, with the $3,000 milestone remaining a key target for investors.56