Category gold

Gold Price at Risk of Falling to $3,800

Deutsche Bank cuts Q4 gold base case to $4,800/oz The gold price may decline to $3,800 if the Fed pivots to hikes, requiring only three to four rate increases. The current pace of central bank buying cannot offset the weakness in investment demand. The S&P 500 re

Gold Price Drops to $4,118.77

Gold price falls $73.15 to $4,118.77 The price of gold is down $73.15, or 1.75%, at $4,118.77. The low today reached $4,090.93, stalling just ahead of the 38.2% retracement of the rally from the September 2022 low, which comes in at $4,079.35. Today's decline a