View full page at metalsmine.com

 

Gold Prices Fall from Record High as Tariff Fears Subside

From beemarkets.com

Gold prices retreated during Asian trading on Thursday, pulling back from a record high set in the previous session. The decline in safe-haven demand followed comments from U.S. President Donald Trump, who stepped back from tariff threats linked to a dispute over Greenland. The precious metal saw a significant reversal after a strong performance. • Spot gold dropped 0.7% to $4,799.55 per ounce. This came after it reached a record high of $4,888.1 per ounce in the prior session. • U.S. gold futures for the March contract fell 0.8%, settling at $4,801.75 per ounce. The rally earlier in the week was driven by investors ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis