Gold Swings Around $4,000 on Conflicting Middle East Headlines

Gold (XAU/USD) experienced heightened volatility on Monday, oscillating around the $4,000 level as mixed reports from the Middle East fueled uncertainty. The precious metal briefly touched an intraday high before retreating, ending the session little changed.

Traders are closely watching geopolitical developments, which continue to drive abrupt shifts in risk appetite and safe-haven demand. The $4,000 mark remains a key psychological level, with price action likely to remain choppy in the near term.