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 Crude Futures Decline as Israel Holds Back from Retaliating Against Iran READ MORE Survey Shows Americans Drowning in Debt READ MORE Deciphering the U.S. Economy's Post-Pandemic Strength READ MORE Fed's Outdated Forecasting Challenged as Economy Defies Predictions READ MORE High Inflation Drives Mortgage Rates Above 7% READ MORE Add a Comment Cancel replyYour email address will not be published.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