Gold recovered on Tuesday on bargain-hunting after prices dropped to a more than one-week low in the previous session as a temporary U.S.-China truce in reciprocal tariffs lifted appetite for riskier assets and dented bullion's safe-haven appeal.

With gold's price near a record high, some investors may be considering selling now. Here are the pros and cons.

Gold prices on Tuesday were hovering near a more than one-week low hit in the previous session, as a U.S.-China agreement to temporarily halt reciprocal tariffs boosted risk appetite, diminishing gold's safe-haven appeal.

Gold futures retraced May's gains after the U.S. and China agreed to a major de-escalation of the trade war. Gold prices fell 3.5% to below $3,229 a troy ounce early Monday. At their

Gold prices dropped over 3% to $2,228 per ounce after a temporary tariff rollback between the U.S. and China reduced the metal's appeal as a safe-haven ass