Germany 5-y Note Auction up to 2.31% from previous 2.29% | FXStreet

Gold retreats after touching a fresh all-time high near $3,980 earlier this Tuesday, though any meaningful corrective slide seems elusive amid Fed rate cut bets and political tensions globally. The US Dollar attracts strong bids for the second straight day, which turns out to be a key factor curbing the demand for the commodity.