Over the last two days, XAU/USD (gold against the US dollar) has experienced a relatively stable trading range. The price hovered around $2,640–$2,642 per ounce. The slight movement reflects cautious sentiment among investors. Factors influencing gold include geopolitical developments and mixed signals about economic conditions globally. Recent news of a temporary ceasefire in the Middle East exerted downward pressure on gold as geopolitical risks eased slightly, though the metal remains sensitive to changes in the U.S. dollar and Federal Reserve policy.
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