Gold Prices Dip After Record Rally Amid Easing Trade Concerns
TL;DR Summary
Gold prices declined from record highs due to profit-taking and easing U.S.-China trade tensions, which reduced demand for safe-haven assets. The rally may be overextended, with some experts warning of a bubble, while other metals also fell as the dollar strengthened.
- Gold prices fall back from record highs; easing trade worries weigh Investing.com
- Gold Suffers Biggest Drop Since 2020 TradingView
- Gold Bars, Gold Necklaces, Gold Earrings: The Rush to Cash In The New York Times
- Gold and Silver Prices Drop The Wall Street Journal
- Gold takes a breather after record rally, focus turns to U.S. CPI data CNBC
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