Gold Is Suddenly Going Through a Correction. Is the Metal's Bull Run in Danger?

Gold is suddenly going through a correction. Is the metal's bull run in danger?

Gold's bull run this year has trounced even the artificial intelligence trade that propelled stock to all-time highs. It's now buckling a bit.

Gold and silver prices tumble: Is this a correction or start of a crash?

After months of relentless gains, both metals tumbled in one of their steepest declines in years, forcing traders and investors to reassess the strength of the precious-metals bull run.

Precious metals retreat as gold, silver enter correction phase

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Does the gold price crash signal full reversal or short-term correction?

The price of an ounce of gold has stabilised at just above the $4,000 mark after crashing down from all-time highs of over $4,400. Longtime gold-bugs and new investors drawn in by its spectacular price rise will all be trying to gauge whether the tide has turned for the precious metal and a protracted price fall is coming, or just a short-term correction. The precious metal has seen a stellar run over the past three years, climbing from around $…

Gold (XAU/USD): Short-Term Bullish Reversal Triggered After 8% Sell-Off

Key takeaways Gold’s sharp correction: XAU/USD plunged over 8% from its all-time high of US$4,381, marking its steepest drop since August 2020. Short-term bullish reversal signs: Technical indicators, including bullish “Hammer” candlestick formations and RSI divergence, signal potential rebound momentum. Medium-term uptrend intact: Gold remains supported by a sustained downtrend in the 10-year US Treasury […] The post Gold (XAU/USD): Short-Term …

Precious Metals Prices: What's Driving October's Bull Run?

The Global Precious Metals MMI (Monthly Metals Index) saw a sharp rise in price action, jumping by 14.44%. This comes as all four major precious metals prices spiked in early October. Gold recently notched all-time highs again, while silver briefly hit $54/oz before a steep pullback. Meanwhile, platinum and palladium are also near multi-year highs. […]