Gold prices are trading today at around 2015.
Gold prices nursed steep losses on Thursday as anticipation of a barrage of U.S. economic and interest rate cues kept traders averse to the yellow metal, while copper sat on strong gains this week following more stimulus measures from China.
However, 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.