
Gold Remains Stuck Around $4,700: Central Bank Policy Could Create Downside Risk Next Week
Gold is entering a highly sensitive phase as the market continues to receive support from geopolitical uncertainty, while at the same time facing pressure from a stronger U.S. dollar, rising bond yields, and expectations that interest rates may stay higher for longer. Although gold has managed to maintain initial support around $4,700 per ounce, bullish momentum remains limited as prices have yet to make a clear breakout above the $4,800 to $4,850 per ounce area.






