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Gold futures volatility surged after its rapid rally corrected
Gold futures experienced significant volatility, dropping to $4,021 an ounce in morning trading, following its steepest daily decline in over 12 years. The pullback halted a major upward trend that had persisted since mid-August, though Gold futures remain up approximately 55% for the year. The initial rally was driven by the "debasement trade," with investors seeking protection from large budget deficits and speculating on Federal Reserve interest rate cuts. Additional demand was supported by central banks diversifying away from the dollar and retail investors moving into futures. The ongoing US government shutdown ...
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From finance.yahoo.com | Oct 23, 2025
The price of gold retreated this week after a steady, monthslong rally to all-time highs. The precious metal is down 7.6% since Monday, with most of the losses coming during Tuesday's session. The decline follows a 63% rally year-to-date. Investors had been piling into the asset as part of the so-called "debasement trade," a way to hedge against a falling ...
From bnnbloomberg.ca | Oct 22, 2025
Gold miners are on track to deliver stellar third-quarter earnings, fueled by a record rally in bullion prices, with investors watching for updates on the recent CEO changes at top producers Newmont and Barrick. Analysts expect the two miners to post a combined profit of nearly US$3 billion for the period, more than double last years $1.4 billion, ...