Gold (XAU/USD) has retreated from its recent record high of approximately $4,900, with the price drifting lower during the Asian trading session on Thursday. The decline comes as safe-haven demand diminishes amid easing concerns over the ongoing trade war, which has previously fueled interest in the precious metal.
As traders react to this shift in sentiment, the exchange rate for gold continues to reflect a broader market trend. The easing tensions have prompted investors to reassess their positions, leading to a modest pullback in gold prices as they navigate the complexities of risk appetite in the current economic environment.
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Data Source: FX Killer Analysis Team Updated: 2026-01-22 04:48
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.