Gold (XAU/USD) prices eased from near two-week highs around $3,345-$3,346 region touched on Thursday, and traded with a mild positive bias during the early European session.
A modest US Dollar (USD) uptick was seen as a key factor behind the commodity's intraday decline, though a meaningful pullback seems elusive.
Growing acceptance that the Federal Reserve (Fed) will lower borrowing costs further by 2025 and concerns about rising US deficits should keep a lid on the USD, which should act as a tailwind for the non-yielding yellow metal.
Source: Newsmaker.id
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