Reported about 6 hours ago
Gold prices have fallen for a third consecutive day, nearing $4,000 an ounce, amid concerns of market overheating following a significant rally. The recent decline is influenced by the largest single-day outflow from gold-backed ETFs in five months, along with geopolitical uncertainties between the US and China. Analysts suggest that this pullback may be a technical reset rather than a fundamental shift, as the demand for gold remains strong amidst ongoing economic pressures.
Source: YAHOO