Coin World News reports that, despite the continued strength of the US dollar, gold prices are still rising. Traders are looking for signals regarding the future direction of monetary policy. Geopolitical tensions, concerns over US tariffs, and central bank buying support gold prices. However, the resilience of the US labor market has reduced the likelihood of aggressive rate cuts by the Federal Reserve, adding uncertainty to gold. Pepperstone research strategist Quasar Elizundia stated that gold is caught between the strong dollar, inflation pressures, Federal Reserve policy expectations, and geopolitical uncertainty.