Spot $XAU Nears $5,000 per Ounce
đ Spot $XAU is currently trading around the $4,950 â $4,960 per ounce range as of this weekâs data, showing strength but not yet a sustained break above $5,000.
Gold is catching investor attention as markets stay volatile, pushing safe-haven demand higher. Traders are watching key macro drivers and liquidity conditions closely.
Key points:
âą Price hovering near $4,950/oz, close to the psychological $5K level.
âą Market sees safe-haven interest rising amid global uncertainty. âš
âą Still below sustained $5,000 breakout â but momentum is strong. đ
Spot gold teases the $5,000 mark as investors seek safety in volatile markets. Momentum is building, but a confirmed sustained break above $5K hasnât happened yet.
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