Reported about 12 hours ago
Gold prices fell below $4,000 as investors moved away from safe-haven assets due to positive developments in US-China trade negotiations. Spot gold hit just below $3,980 per troy ounce, while December futures dipped more than 3%. This decline ended gold's significant year-to-date rally and halted a nine-week winning streak. Despite the recent drop, analysts remain optimistic, with predictions of gold prices potentially rising to $4,700 or even $6,000 by mid-2026.
Source: YAHOO