Following the advance seen during Tuesday’s session, the price of gold has shown a notable move back to the downside during trading on Wednesday.
Gold for December delivery has slumped $45.70 or 1.1 percent to $4,141.40 an ounce after climbing $30.30 or 0.7 percent to $4,187.10 an ounce during Tuesday’s session.
The price of gold came under pressure early in the session amid an increase by the price of crude oil and a rebound in treasury yields.
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Market Analysis
Gold Prices Showing Significant Move Back To The Downside
2026-10-07 17:49:36
