Forex
Gold Prices Stabilize Near $4,170 Ahead of US Final GDP Release
Gold prices are currently trading around $4,171.77, down 0.23% on the session.
The precious metal has maintained its position above the key $4,150 support zone, preserving its recent recovery structure.
Traders are closely monitoring the upcoming US Final GDP revision, which could influence expectations for interest rates, the US dollar, and Treasury yields.
A stronger GDP reading may pressure gold if it reinforces expectations for higher-for-longer interest rates.