PointPay USD Price & Performance (PXPUSD)

Gold prices face challenges as tariff uncertainty and recession fears weigh on market sentiment. Recent tariff developments under President Trump have created volatility, with mixed signals on application dates. Additionally, inflation concerns and profit-taking have kept the precious metal's momentum in check. Upcoming US CPI data may influence gold's trajectory further.12

The allure of gold as a safe-haven asset strengthens amidst economic uncertainties. Rising tariffs and geopolitical instability have supported gold prices, though resistance at $2,924 has capped gains. Analysts suggest inflation data and Federal Reserve policies will shape gold's path, with markets closely monitoring upcoming economic releases.23

Gold recently hit an all-time high of $3,060 before retreating slightly. The rally has been bolstered by weak crypto and stock markets, but analysts remain cautious about further gains. Tariff-related inflation concerns and risk aversion could propel gold higher, though profit-taking may temper its ascent in the short term.34