Gold prices remained resilient as investors continued to seek safe-haven assets amid uncertainty over global economic growth and expectations surrounding U.S. monetary policy. Although Treasury yields remained relatively stable, cautious market sentiment helped keep bullion supported near recent highs.

Investors are awaiting key U.S. inflation data, which could significantly influence expectations for the Federal Reserve's next policy move. If inflation continues to ease, markets may strengthen their expectations for interest rate cuts later this year, reducing the opportunity cost of holding non-yielding assets such as gold.

Geopolitical tensions and concerns over slowing global growth also continue to provide underlying support for precious metals. Central bank purchases, particularly from emerging economies, remain another important factor supporting long-term demand for gold despite short-term market fluctuations.

Technically, gold continues to trade within a bullish structure while maintaining support above key moving averages. Traders are watching resistance near recent highs, with a breakout potentially opening the door for further gains if economic data weakens the U.S. Dollar.