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Gold futures print their steepest decline in over 10 years
December Gold futures saw their biggest one-day percentage move to the downside in more than a decade, dropping over $300 from the high to the low of the day. The December contract settled down 5.32%. Easing US-China trade tensions appeared to be the main culprit for the sharp selloff. Optimism was noted following President Trump's statements expressing confidence in a fair trade deal and an expected meeting between Treasury Secretary Scott Bassett and Chinese Vice Premier He Lifeng this week. Additionally, India's seasonal buying of physical gold may be moderating as the festive purchase window, which delivered ...
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- Oct 21, 2025 5:45pm Posted byFundamental Analysis212
