Analysts: The Federal Reserve's moderate stance may continue to support gold price trends.

According to the Gate.io News bot, Jin10 reports that IG market strategist Yeap Jun Rong pointed out that gold prices have shown a strong upward trend this week. Investors are reallocating to safe-haven assets to cope with the fluctuation risk caused by former U.S. President Trump’s renewed comments on tariffs. He further stated that if The Federal Reserve (FED) releases a dovish signal, it may provide additional support for gold prices and strengthen their overall upward trend.

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