Reported about 10 hours ago
Gold prices fell below the $4,000 mark on Monday as investors moved away from the metal in response to positive developments regarding a potential US-China trade deal. Spot gold dipped to about $3,980 per troy ounce, while December futures fell over 3%. This decline follows a significant drop last week, which halted a strong rally in gold prices. Despite the recent drop, analysts remain optimistic about gold's potential, predicting significant gains in the coming year.
Source: YAHOO