Gold prices (XAU/USD) saw a modest recovery, rising above $4,350 during early European trading hours on Tuesday. This uptick comes after the precious metal experienced a significant decline of 4.5% in the previous session, marking its largest single-day loss since October. Safe-haven demand is drawing buyers back into the market as investors seek refuge from ongoing economic uncertainties.
Traders are now turning their attention to the upcoming FOMC Minutes, which could influence market sentiment and impact the exchange rate of the USD. With fluctuations in gold prices often reflecting broader economic trends, the results of this meeting may provide critical insights into future monetary policy, thereby affecting forex markets and the trading strategies of investors in both precious metals and currencies.
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Data Source: FX Killer Analysis Team Updated: 2025-12-30 05:27
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.