Gold prices dropped sharply on Monday on a "corrective pullback from recent solid gains and some profit-taking from the shorter-term futures traders," said Jim Wyckoff, senior analyst at Kitco.com.
Gold futures tumbled after Donald Trump indicated he would nominate Wall Street veteran Scott Bessent as Treasury secretary. Traders wagered that Bessent would moderate Trump's approach to tariffs, ...
Gold prices plunged over 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of Israel nearing a ceasefire with Hezbollah, coupled with Trump's nomination of ...
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