Gold futures closed higher today, buoyed by a weaker dollar and renewed safe-haven demand amidst geopolitical uncertainty. Investors also reacted to positive economic data releases, which supported the metal’s appeal as a store of value.

Analysts noted that the market is closely watching upcoming central bank meetings for further clues on interest rate policy. Any indication of dovishness could provide additional tailwinds for gold prices in the near term.

Technical factors also played a role, with gold breaking through key resistance levels and triggering further buying activity. Market participants will continue to monitor these technical indicators for potential trading opportunities.