Gold prices retreated below the $4,100 level during Wednesday's American trading session as a resurgence in US Dollar demand pressured the XAU/USD pair. A wave of risk aversion swept across financial markets, strengthening the USD across the board. While the safe-haven appeal of gold provided some support, the pair moved off its daily peak of $4,132.
The flight to safety simultaneously boosted both the Greenback and bullion, creating a complex dynamic for the currency pair. This environment limited the metal's downside movement even as the exchange rate faced selling pressure. The market's shift toward the USD underscores the prevailing cautious sentiment among forex traders.
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Data Source: GrowingPool Analysis Team Updated: 2025-11-19 17:33
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.