Reported about 16 hours ago
Gold prices fell dramatically on Tuesday, registering the biggest one-day decline in over a decade after reaching record highs amid economic instability. Spot gold plunged 6% to approximately $4,120 per troy ounce, following an all-time high of nearly $4,400. Analysts suggest that a resolution to the ongoing U.S. government shutdown and a potential trade deal with China may stabilize gold prices in the near future. Despite this drop, gold remains up 57% since the beginning of 2025, with other precious metals like silver also experiencing significant declines.
Source: YAHOO