Project TXA USD Price & Performance (TXAUSD)

Gold prices have faced downward pressure, sliding below the $2,900 mark amid renewed concerns over U.S. tariffs and economic uncertainty. The market is reacting to President Donald Trump's conflicting tariff messages, while inflation expectations remain elevated. Traders are closely watching upcoming U.S. GDP data for further direction.123

Gold prices remain near record highs, trading around $3,039 per ounce, as fears of an escalating trade war and economic instability fuel demand for safe-haven assets. The White House's upcoming tariff announcements are driving caution, while gold continues to outperform other assets year-to-date.456

After reaching an all-time high of $2,956, gold's rally has slowed, with prices hovering between $2,930 and $2,940. Market participants are monitoring tariff developments and inflationary pressures, which could either propel gold toward the $3,000 milestone or cap its upside.785