Gold holds near record territory as safe-haven demand stays firm
Bullion remains well supported as investors keep hedging against currency and policy uncertainty.
Gold prices stayed close to their historic highs this week as investors continued to treat the metal as a core hedge. Analysts point to steady central-bank buying, persistent geopolitical tension and expectations around interest-rate policy as the main drivers.
Short-term pullbacks have been met with fresh buying, suggesting dip demand remains strong. Traders are watching upcoming inflation data and central-bank commentary for the next directional move.