Gold prices surge on safe-haven demand amid uncertainties, then drop on trade hopes; investors eye economic data for cues.

Gold prices in India witnessed a rollercoaster ride recently, initially reaching unprecedented levels driven by safe-haven demand amidst global uncertainties. The surge was short-lived as prices took a steep downturn post indications of potential trade talks and peace initiatives. Market participants are now keeping a close watch on factors such as central bank autonomy, inflation projections, and economic indicators in the United States to gauge the future trajectory of policies. This fluctuation in gold prices reflects the delicate balance between geopolitical tensions and efforts towards diplomatic resolutions. Investors are advised to stay informed and exercise caution while navigating the ever-changing landscape of the precious metals market.

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