MARKET OVERVIEW - Gold continues to struggle above $3030.

Gold prices tested above $3,030 today, supported by safe-haven demand as markets await more clarity on U.S. President Donald Trump's trade policies. Spot gold reached $3,032.10 and is currently trading at $3,028.51, reflecting a 0.28% increase from yesterday.

Peter Fertig, an analyst at Quantitative Commodity Research, stated, “Gold's safe-haven function supports prices, partly due to the U.S. tariff policy.” This year, gold has risen by 15.44%, hitting an all-time high of $3,057.21 on March 20. Fertig added, “If the PCE deflator comes in at a moderate pace, speculation about further interest rate cuts in the U.S. could intensify, which would certainly be a positive factor for gold.”