Gold Prices Plunge Below $4800, Market Volatility Intensifies
Gold prices dropped below $4800 with a 10.76% intraday decline, while silver also fell sharply to below $82 per ounce.
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Gold prices dropped below $4800 with a 10.76% intraday decline, while silver also fell sharply to below $82 per ounce.
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Read MoreA Fed official stated that the US economy is currently not facing inflation issues, with the unemployment rate slightly elevated and limited impact from producer prices on core consumer inflation.
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Read MoreSpot gold prices plummeted nearly 9% and fell below $4900 per ounce, drawing widespread attention from the market.
Read MoreSpot gold prices fell 8% to $4,946.59 per ounce amid growing market uncertainty and shifting investor sentiment.
Read MoreBinance CEO CZ emphasized during an AMA that listing tokens on the platform doesn't equate to guaranteeing their price performance, drawing a comparison to Nasdaq.
Read MoreSilver price tumbled 20% marking the biggest single-day drop since 2008, hitting $92.13 per ounce. Gold prices also fell sharply by 8%.
Read MoreGold prices plunged Friday, on track for their worst drop since 1983, while silver posted its worst single-day loss ever. Analysts attribute the selloff to profit-taking driven by a stronger dollar and the new Fed chair announcement.
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Read MoreA Fed official recently pointed out that the gold market is relatively small, sparking discussions on its role as a safe-haven asset globally.
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