Dynex USD Price & Performance (DNXUSD)

Gold prices have declined to approximately $2,860, marking a 4% drop from their record highs in February. This downturn comes as investors shift focus to underperforming stocks and take profits from gold's recent rally. Despite this, gold remains a strong performer over the past year, outpacing the S&P 500 significantly.12

Gold prices are holding steady near $2,920 as safe-haven demand grows amid renewed trade tensions. US President Trump's tariff policies, including potential levies on Canada, Mexico, and the EU, are fueling market uncertainty. However, concerns over inflation and a hawkish Federal Reserve could limit gold's upward momentum.32

Gold's recovery remains constrained around $2,885, influenced by geopolitical concerns and weak US economic data. While tariffs and tensions support demand, technical resistance near $2,900 has kept gains in check. The market awaits further developments, including US inflation data, which could impact gold's trajectory.45