Reported about 18 hours ago
Gold prices have sharply decreased after reaching a record high, experiencing the largest one-day sell-off since September 2011. After closing at $4,374 per troy ounce, prices fell over $250 in a day, influenced by easing trade tensions between the U.S. and China and an overbought market condition. Despite losing some ground, gold prices are still up 50% since the beginning of 2025, while silver prices have risen even higher. Experts express caution regarding gold investments due to its volatility and potential health and environmental hazards linked to mining practices.
Source: YAHOO