gold prices
Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12
Gold lost 2.2 percent last week amidst easing tensions in the Middle East
Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters
Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December
Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges
Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year
Bullion loses safe-haven appeal amidst reduced geopolitical risks
Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
Strong dollar and rising treasury yields impact gold's appeal
Low participation from U.S. investors bodes well for gold's rally
