Gold prices were higher in early Asian trade as the yellow metal remains a safe haven for many investors amid geopolitical uncertainty, analysts said.
With Trump's upcoming inauguration, gold prices have been boosted by risk-averse sentiment, analysts at CITIC Futures wrote in a note. In the coming weeks, investors will be watching Trump's policy announcements, particularly around tariffs, as a key catalyst for gold.
As of this writing, Gold Prices are at $ 2,648
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