Gold prices remained firm in the commodity market as investors continued to shift towards safe-haven assets amid geopolitical uncertainty. The precious metal tends to attract strong demand during periods of financial market volatility.
Analysts highlighted that global tensions and fluctuations in interest rate expectations have supported gold prices in recent sessions. Investors often increase allocations to precious metals as a hedge against inflation and economic risks.
Market participants believe gold could remain range-bound in the near term but maintain an upward bias if global uncertainty persists.
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