Gold prices swing because of different events happening around the world. Sometimes, when there is geopolitical tension like the recent IndoPakistan conflict it drive investors toward safe-haven assets like gold, pushing prices upward. But positive news, like the U.S. and China agreeing to improve trade, investors feel more confident and move their money into other things like stocks. This causes gold prices to fall. Gold prices rose on Tuesday as the dollar crept lower and initial optimism over a trade truce between the United States and China ebbed, while investors looked forward to U.S. inflation data due later in the day.

This push-and-pull effect creates a volatile environment It underscores the importance of understanding the broader global context, as even a single conflict, or trade deal can alter market sentiment and prices of assets like gold.

Welcome to a volatile and uncertain complex world!