Gold prices retreat from record high as investors cash in

Gold prices retreat from record high as investors cash in

KUALA LUMPUR: Gold prices pulled back from a record high on Thursday as investors booked profits following a rally driven by concerns around US President Donald Trump's latest wave of tariff policies. © New Straits Times Press (M) Bhd

$2,600 or $4,000? – The Golden Question for Gold in 2025

Will gold take a breather, or is another breakout on the horizon? As gold trades at record highs, the Kamakhya Gold Outlook 2025 brought together India’s top bullion voices to answer the golden question: Is $2,600 the next dip or $4,000 the next leap? At the same event last year, experts had forecasted gold prices could touch $3,200, a prediction that proved remarkably accurate. This year’s wider forecast range of $2,600 to $4,000 reflects growi…

Gold price attracts some sellers on profit-taking

The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors book profits during a long Easter weekend.

Dubai gold prices dip after record high with retailers and shoppers anticipating further cuts - The Arabian Stories News

DUBAI: The Dubai Gold Rate for 22K has eased to Dh369.75 per gram, down from the all-time high of Dh372.75. For 24K, the price has also slipped below the Dh400 mark, which it crossed for the first time just a day earlier. This cooling wasn’t expected, as the gold market remained volatile throughout the previous day. At no point yesterday did anyone have a clue where the price might settle, said a jewellery retailer. Retailers suggest a ‘comforta…

At the close, futures contracts due in June fell 0.54% to US$ 3,328.4 per troy ounce on Comex

Gold eases after record high as investors book profits

GOLD prices dropped over 1 per cent on Thursday as investors locked in gains following a sharp rise in the previous session. The fall came ahead of a long weekend, although gold stayed above $3,300 (£2,481) an ounce, supported by a weaker dollar and ongoing US-China trade tensions.Spot gold was down 1.2 per cent at $3,302.1 (£2,483.83) an ounce by 4.21 pm (BST), after reaching a record high of $3,357.40 (£2,524.06) earlier in the day. Gold has r…