XIDO FINANCE USD Price & Performance (XIDOUSD)

Gold prices have dipped below $2,900, reflecting ongoing profit-taking and cautious market sentiment. Factors such as inflation concerns and geopolitical tensions continue to influence the metal's appeal as a safe-haven asset. Analysts suggest further downward pressure could persist, especially with key U.S. inflation data expected this week.12

Rising U.S. tariff policies and fears of economic slowdown are weighing on gold prices, which recently failed to break above the $2,924 resistance level. Uncertainty surrounding inflation and trade tensions has heightened volatility, with investors closely monitoring upcoming U.S. CPI data for further direction.23

Gold prices, recently retreating from a $2,956 record high, are struggling to regain momentum. Profit-taking and inflation fears tied to tariff policies are key drivers. Market watchers are eyeing the psychological $3,000 milestone, though analysts warn it could face significant resistance in the near term.45