DinoX USD Price & Performance (DNXCUSD)

Gold prices are nearing record highs, trading at $2,927.93 as optimism grows from peace talks between the U.S. and Russia. Improved sentiment, alongside Canadian inflation holding below 2%, has bolstered the precious metal. Technical indicators suggest further gains, with resistance at $2,942.75 and potential to climb higher.1

Gold remains steady at $2,920 amid fears over U.S. tariff policies targeting Canada, Mexico, and the EU. While tariff concerns support demand for gold, rising inflation risks could lead to higher interest rates, potentially capping gains. Analysts view recent price dips as routine profit-taking within an overall bullish trend.2

Gold reached a record $2,956 before retreating to $2,930-$2,940, driven by safe-haven demand linked to U.S. tariff hikes. Concerns over inflation and economic disruption continue to support prices, but traders suggest breaking $2,960 is key for further momentum toward the $3,000 milestone.3