Gold Prices Decline After Soaring to Record High

Reported about 2 hours ago

Gold prices fell after reaching an all-time high surpassing $4,000 per ounce, as traders took profits following a significant rally. The metal, now seen as overbought, declined by 0.7% in early trading. Despite this pullback, gold remains over 50% higher this year, driven by global uncertainties and strong demand for safe-haven assets.

Source: YAHOO

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