
Gold holds near $4,000 but weak U.S. sentiment data fails to spark new buying
•By ADMIN
Related Stocks:AAAU
Gold remains perched just below the US $4,000‑per‑ounce mark, but despite the high price level, fresh bullish momentum is elusive. According to the latest from Kitco News, disappointing sentiment metrics from the US have failed to ignite a surge in buying. While one might expect weak consumer outlooks to push investors toward safe‑havens such as gold, market participants appear to be holding back—possibly waiting for clearer policy signals or additional economic data. The precious metal’s resilience near this psychological barrier suggests underlying strength, yet the absence of a new catalyst is limiting upside for now.
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