After a slight dip, gold prices saw a rebound on Tuesday due to a decrease in benchmark U.S. Treasury yields. Investors are closely monitoring economic data to gather insight into potential interest rate changes. Additionally, rising tensions in the Middle East have also been a factor of concern for investors, further contributing to the fluctuation in gold prices. As a safe-haven asset, gold tends to be sought after during times of geopolitical uncertainty, making it an attractive investment option for those wary of the tensions in the region.
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