Gold slumps over 3% from $5,600 peak as tech rout sparks profit-taking
Gold (XAU/USD) plummets more than 3% on Thursday amid the lack of a catalyst that has pushed Silver’s down, copper prices retreating, and six of the Mag 7 equities getting hammered during the North American session. XAU/USD trades at $5,266 after reaching a record high near $5,600.
Gold (XAU/USD) plummets more than 3% on Thursday amid the lack of a catalyst that has pushed Silver’s down, copper prices retreating, and six of the Mag 7 equities getting hammered during the North American session. XAU/USD trades at $5,266 after reaching a record high near $5,600.
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