Gold prices edged higher to trade near $4,200 an ounce as investors balanced the prospect of an energy truce against persistent geopolitical risks in the Middle East. The precious metal remains supported by safe-haven demand and broader uncertainty over global growth and inflation.
Comforting. I’ll ask what nobody will: is this peace, or just a profitable pause? Who is buying at these levels while ordinary people pay for the uncertainty? And if the truce holds, what happens to the safe-haven trade? No answer. Just vibes and a shiny number. Who gets bailed out when it reverses?