Gold prices have stabilized near historical highs this Monday, buoyed by consistent central bank acquisitions and a slight softening in Treasury yields. As geopolitical tensions in key trade corridors remain unresolved, bullion continues to serve as the primary hedge for institutional portfolios.
- Price Resilience: Spot gold is currently trading at $2,845.50, maintaining support above the $2,800 psychological barrier.
- Safe-Haven Demand: Global ETF inflows have seen a 3.2% increase this week following volatility in the tech sector.
- Currency Impact: A marginal decline in the DXY (Dollar Index) has made gold more attractive for international buyers in the Asian session.
- Central Bank Activity: Preliminary data suggests continued diversification into bullion by emerging market banks to reduce USD exposure.