Stronghold Token USD Price & Performance (SHXUSD)

Gold prices are struggling to maintain momentum as market participants weigh the impact of rising tariffs, potential recession fears, and geopolitical instability. The upcoming US Consumer Price Index data is expected to influence sentiment further, with inflation concerns possibly supporting gold's safe-haven appeal despite its current downtrend.12

Gold prices remain above $2,900 as safe-haven demand persists amid trade tensions and inflation worries. US President Donald Trump's tariff policies and their potential economic impact continue to stir uncertainty. Analysts suggest that while profit-taking occurs, gold's long-term upward trend remains intact, with resistance levels closely monitored.34

Gold reached a new record of $2,956 before retreating slightly as traders took profits. Concerns over US tariff hikes and inflation fears support gold's safe-haven demand. However, breaking through the $3,000 milestone may require additional market catalysts, as traders anticipate continued volatility in the near term.45