Hanu Yokia USD Price & Performance (HANUUSD)

Gold prices are nearing their all-time high of $2,942 as optimism surrounding peace negotiations in the Russia-Ukraine conflict improves market sentiment. With Canadian inflation holding steady below 2%, the precious metal has gained traction. Analysts suggest bullish momentum persists, supported by technical indicators and reduced US dollar demand.1

Gold prices face mixed sentiment as rising US tariffs and recession concerns bolster safe-haven demand, while profit-taking adds pressure. The upcoming US inflation data is expected to influence market direction, with higher inflation potentially supporting gold. Resistance levels at $2,924 remain critical for sustained bullish momentum.2

Gold reached a record $2,956 before retreating to around $2,930. Safe-haven demand remains strong amid concerns over US tariffs on Canada and Mexico. However, traders are cautious about whether the rally can break through $2,960, with many eyeing the potential milestone of $3,000.3