Gold fell again after its biggest intraday loss in almost two years https://t.co/sQBWAQnkxh
Gold fell again after its biggest intraday loss in almost two years https://t.co/ud6TfmzVtW
Gold suffered its largest decline since March 9, 2022 https://t.co/1f2fq7sGvQ
Gold prices experienced a significant decline of $56, marking the largest one-day drop in nearly two years. The fall in prices was attributed to easing geopolitical tensions, which reduced the demand for gold as a safe-haven asset. The price of gold dipped below the $2,350 mark, with a notable 2.7% drop on Monday. This downturn also impacted mining stocks, which were hit hard by the selloff. The market remains cautious as traders await further key economic data.
