Scry.info USD Price & Performance (DDDUSD)

Gold prices have stabilized around $2,920 as market participants weigh the impact of U.S. tariff policies and inflationary pressures. President Trump's renewed tariff threats on Canada, Mexico, and the EU have bolstered safe-haven demand. However, fears of prolonged high interest rates by the Federal Reserve could limit gold's upward momentum.1

Gold remains above $2,900 as investors seek stability amid geopolitical tensions and inflation concerns. Rising tariffs and global economic challenges have reinforced gold’s role as a hedge against uncertainty. Analysts suggest central bank policies and upcoming economic data will play a crucial role in shaping gold's trajectory.2

Gold recently touched a record high of $2,956 before retreating to $2,930 levels. While safe-haven demand remains strong due to tariff hikes and inflation fears, traders are cautious ahead of U.S. CPI data. The upcoming inflation report could dictate the next move for the precious metal.3