Gold slumps as traders liquidate positions amid wider market selloffs

Gold dip offers buying opportunity amid mounting rout, analysts say - Türkiye Today

Gold prices retreated from record highs on Friday, slipping to around $3,000 per ounce as a wave of global sell-offs rattled markets amid escalating trade tensions with the Trump tariffs. However, analysts from leading financial institutions say the pullback may present a strategic buying opportunity, particularly as geopolitical and economic uncertainties mount. Gold prices dropped 2.42%—or $130—to $3,037 per ounce from an all-time high of $3,1…

Mbappé: The current times are ideal for reselling to capitalize on price differences. Gold prices in local markets witnessed a state of stability during trading on Saturday, coinciding with the global stock market's weekly holiday. The ounce had witnessed sharp fluctuations during trading this week, giving up the gains it had achieved, due to investors' tendency to sell to cover their losses from the stock market collapse, as fees... Source

Domestic gold prices fell 5-4 today by 1.2 million VND/volume, following a sharp fall in world gold prices last night.

Wall Street turns bearish after equity collapse pulls gold lower, Main Street maintains moderate bullish bias

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Gold price down over 2% as safe-haven metal falls victim to market selloff – by Staff (Mining.com – April 4, 2025)

https://www.mining.com/ Gold slumped more than 2% on Friday as the metal fell victim to the global markets sell-off following US President Donald Trump’s new round of tariffs that turned out to be more aggressive than expected. Spot gold fell 2.2% to $3,044.28 per ounce by 10:40 a.m. ET, erasing all of its gains for the ...

Not even metal, generally seen as a refuge in times of tension, escapes risk aversion in the markets