Gold prices soar to record highs on safe-haven demand, then correct sharply amid trade and peace signals.

Gold prices in India witnessed a rollercoaster ride last week, initially reaching unprecedented levels driven by safe-haven demand amidst geopolitical tensions and economic uncertainties. However, the prices took a sudden nosedive as reports surfaced regarding possible trade talks and peace initiatives. Market analysts and investors are keeping a close watch on factors such as central bank autonomy, inflation projections, and upcoming economic indicators from the United States to gauge the future trajectory of gold prices. The fluctuations in the global market have left stakeholders speculating on the precious metal’s next moves, with many eagerly awaiting further developments to make informed decisions.

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