$XAUT Stabilizes Near $4,431 After Trump Pauses Strikes; Turkey’s 60 Tons of Gold Sell‑Off Adds Pressure 🛑✨
During the Asian session, $XAUT sharp decline stopped after President Trump announced a pause in the timeline for strikes on Iran’s energy sites, bringing cautious optimism to markets. $XAUT is trading around $4,431 mid‑session, recovering from an earlier ~3% drop. 💰
Since the conflict began about a month ago, #XAUT is down roughly 17%. Its price has moved with stocks and opposite to oil — rising energy costs have pushed inflation worries higher, leading investors to expect central banks to keep rates high. That outlook is a headwind for non‑yielding metals like gold. 📉⚠️
Adding to the selling pressure, Turkey’s central bank reportedly sold or swapped about 60 tons of gold (valued over $8bn) in the first two weeks of the war. Central bank buying had been a key support for #XAU in recent years, so this shift matters. 🏦
Trader should watch oil prices, inflation data, central bank moves and any new geopolitical developments. Traders should stay cautious — stability could offer buying chances, but risks remain high. 🔍 Follow for more updates on precious metal market @TZ_Crypto_Insights