Gold prices dropped 4.2% on Monday, continuing a sharp retreat after reaching record highs last week. The decline comes as investors take profits following a powerful year-end rally across the precious metals market.
At 10:11 am ET, gold decreased by 4.24%, reaching $4,336.95 per ounce. Silver also dropped sharply by 7.84%, falling to $72.08 per ounce. A minute later, platinum declined by 7.20% to $2,173.95 per ounce, and palladium plummeted by 13.20% to $1,636.08 per ounce.
https://breakingthenews.net/Article/Gold-extends-losses-falls-4.2-amid-profit-taking/65407170
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.