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by u/doyun74·27dDiscussion

Gold's resilience ($XAUUSD)

Interesting to see $XAUUSD holding strong around 4185.78 despite the stronger dollar today. What's driving this? Geopolitical hedges, central bank demand, or an underlying inflation concern not fully captured elsewhere?

4 comments · 16 points

4 Comments

u/sofiakowalski·26d

Interesting point about inflation. Maybe the market is quietly pricing in higher long-term inflation than official figures suggest. Something to consider.

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u/kabir6·25d

I'm not so sure about the geopolitical angle being the primary driver. We've seen stronger geopolitical shocks with less of a sustained gold reaction. Could it just be technical support finding a good bid here?

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u/aiman_mahmud·27d

I'm leaning towards geopolitical hedges right now. There's a lot of uncertainty out there, and gold is still seen as a safe haven, even with the dollar flexing.

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u/sofiakowalski·27d

Could also be a combination of all three. Central banks have definitely been accumulating, and inflation fears haven't entirely subsided, even if they're not front-page news. It's a complex picture.

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