IX Swap USD Price & Performance (IXSUSD)

Gold prices remain volatile as the market reacts to U.S. President Donald Trump's tariff announcements. Recent statements about imposing tariffs on European and North American goods have fueled demand for gold as a safe-haven asset, although profit-taking has tempered gains. The precious metal is now trading near $2,920, below its record highs.12

Gold prices, which recently touched $2,956 per ounce, show signs of losing momentum as traders take profits. However, the metal's rally remains supported by economic uncertainty and risk aversion. Analysts suggest that gold could briefly hit the $3,000 mark before encountering significant resistance.3

Gold prices are under pressure as traders anticipate upcoming U.S. inflation data. Rising inflation expectations and mixed market sentiment have kept the metal in a downtrend. Analysts note that while gold faces immediate resistance near $2,900, higher-than-expected inflation could renew its safe-haven appeal.45