-
Gold and related stocks are falling for a second day. The metal is off more than 6% from high
Gold prices fell for a second day on Wednesday, as investors took profits after a weeks-long rally. Gold futures lost $43.70, or 1.06%, to close at $4,065.40 per ounce. Gold mining stocks such as Barrick were last down more than 1%. The precious metal sold off sharply Tuesday, losing 5.74% to close at $4,109.10 in its worst performance since 2013. The two-day selloff comes after gold futures hit a intraday record of $4,398 per ounce on Monday. There is no macroeconomic or geopolitical event driving the pullback in gold prices this week, according to Swiss bank UBS. “If we look at adjustments to non-commercial ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From tickmill.com|Oct 22, 2025Gold prices remain under pressure midweek following a heavy reversal lower yesterday. The recovery in USD and broader risk sentiment linked to softening US/China tensions has seen ...
From channelnewsasia.com|Oct 22, 2025South Korea's central bank kept policy interest rates unchanged on Thursday as a resurgence in home prices and a declining currency reduced the scope for further easing, but left ...
From thestreet.com|Oct 22, 2025Strike CEO Jack Mallers reaffirmed his conviction in Bitcoin (BTC) as the superior form of money, arguing that gold’s flexible supply undermines its scarcity, the very quality ...
-
- Newer Stories
From channelnewsasia.com|Oct 23, 2025A former Citibank relationship manager involved in the billion-dollar money laundering case was sentenced to two years’ jail on Thursday (Oct 23) for holding laundered cash, ...
From @FirstSquawk|Oct 23, 2025|28 commentsUKRAINE'S PRES ZELENSKIY: NO TERRITORIAL CONCESSIONS
From snb.ch|Oct 23, 2025At the monetary policy assessment of 23 and 24 September 2025, the Governing Board of the Swiss National Bank decided to leave the SNB policy rate unchanged at 0%. The SNB ...
- Story Stats
- Oct 23, 2025 12:04am Posted byFundamental Analysis239
