Gold Falls Below $5,000 Following 14% Surge

Gold Falls Below $5,000 Following 14% Surge

Editor’s note: Gold has surged on geopolitical uncertainty and sticky inflation, creating a broad bullish backdrop that has carried prices to fresh highs. A pause in the rally, like this week’s dip below US$5,000, can be a healthy consolidation rather than a sign of weakness. This editorial note frames the accompanying press release as a measured read on near-term dynamics, while acknowledging the longer-term drivers — such as central bank activ…

Gold’s slide below $5,000 ‘not a concern’, eToro says

Zavier Wong, market analyst at eToro, characterised the current price action as a pause rather than a reversal The post Gold’s slide below $5,000 ‘not a concern’, eToro says appeared first on Gulf Business.