Gold Prices Dip: Geopolitical Tensions Ease, Investors Shift from Safe-Haven Assets

• Gold prices saw a slight decline today after three consecutive days of increase, attributed to easing geopolitical tensions.
• US President Donald Trump's softer stance on tariffs and ruling out military action in Greenland reduced global conflict fears.
• Market experts note that reduced global conflict fears lead investors to withdraw from safe-haven assets like gold.
• In India, gold prices had surged, with 99.9% pure gold reaching ₹1.59 lakh per 10 grams in Delhi, and silver hitting ₹3.34 lakh per kg.
• The previous surge was due to safe-haven demand, strong investment in Gold-Silver ETFs, domestic supply shortages, and a weak rupee.

Why It Matters: Gold prices softened as easing geopolitical tensions reduced demand for safe-haven investments.