Gold Prices Ease from Two-Month Peak Amid Renewed Investor Interest

Gold prices have eased from their two-month peak after hitting $4,434.84 per ounce earlier in the session on Tuesday.

This marked its highest level since June 5, and experts believe that renewed flows into the metal are driving the move higher.

Ahmad Assiri, Research Strategist at Pepperstone, noted that if this sentiment shift continues to attract more flows, it could help gold consolidate around $4,400 and potentially extend its recovery towards higher levels.