Reported about 8 hours ago
Gold prices fell sharply by 3.4% after a record-high surge, marking the largest decline in four years amid concerns over an overbought market and a strengthening US dollar. This cooling of demand for precious metals comes as trade negotiations between the US and China are set to take place. Analysts caution that the absence of regulatory data during the US government shutdown could lead to increased volatility in trading positions, creating vulnerabilities for both gold and silver markets.
Source: YAHOO