Gold steady near $4400 ahead of US inflation data

Gold prices significantly increased during trading today, Thursday, reaching their highest levels in more than two years. They surpassed the $2,000 mark per ounce for the first time since 2020, supported by expectations that the Federal Reserve will keep interest rates high and by rising demand for safe-haven assets. Analyses indicate that gold may continue to rise if economic conditions persist in prompting investors to turn to secure assets.

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