$XAU Gold prices pulled back modestly on Tuesday, $XAG sliding about 0.5% to roughly $5,053.80 per troy ounce and spot bullion hovering near $5,040, following a recent rally to a record peak. Bullion previously hit an all-time high of $5,594.82 on January 29 before the retreat.

Traders are adopting a cautious stance ahead of a string of influential U.S. economic releases scheduled this week. Attention is especially on December retail sales, January’s consumer price index (CPI), and the January non-farm payrolls report key data points that could reshape expectations about the Federal Reserve’s interest-rate trajectory.

Stronger-than-anticipated readings may dampen rate-cut bets, while softer figures could reinforce the case for easier monetary policy, a backdrop that typically supports gold’s appeal as a non-yielding asset.

XAU
XAUUSDT
5,065.89
0.00%
XAG
XAGUSDT
83.47
-1.49%