Gold Retreats from All-Time Highs as Traders Eye Upcoming U.S. Inflation Data Gold prices saw a slight decrease in Asian markets on Tuesday, pulling back from their recent record-breaking highs as investors decided to cash in on their gains. The anticipation of interest rate reductions as early as June, combined with a spike in demand for safe-haven assets, had propelled gold to new heights in March, nearly reaching $2,200 an ounce. Gold has dipped slightly, with spot gold dropping to $2,178.43 an ounce and gold futures for April also decreasing by 0.2% to $2,184.65 an ounce, both trading around $15 short of the previous week’s peak prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Economy Q2 Growth Revised Up to 3% on Strong Consumer and Business Activity READ MORE Investors Reap Rewards Across Markets as Dow Hits 40,000 READ MORE Gold Expected to Shine Amid Uncertainty: World Gold Council at BMO Conference READ MORE Fed’s Kashkari: Public Prefers Recession Over High Inflation READ MORE Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment