**Key Takeaways:**
– U.S. dollar’s pullback and falling Treasury yields did not support gold markets.
– Gold prices remained under pressure despite these factors.
Gold markets continued to struggle despite the weakening U.S. dollar and falling Treasury yields. The usual inverse relationship between gold prices and the dollar did not hold up, leading to gold prices remaining under pressure. This unexpected lack of support from the usual market dynamics remains a concern for investors who had hoped for a boost in gold prices amidst the backdrop of geopolitical tensions and economic uncertainty.