Gold prices are trading today at around 2015.
Gold prices stabilised Thursday, as investors await the release of the preliminary reading of the US gross domestic product (GDP) later in the day, coupled with the results of the European Central Bank (ECB) interest rate decision meeting.
Gold continues to hold steady above the $2000 threshold, supported by the demand for its safe-haven characteristics amid escalating global tensions. Increased conflicts in the Middle East, the Red Sea, Taiwan-China, and Russia-Ukraine are all playing a role in the sustained support for gold.