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Spot Gold Falls Nearly 1% Intraday to $4,605.68 an Ounce

Source
Minseung Kang

Summary

  • International gold prices fell nearly 1% during trading.
  • International spot gold prices dropped about 1%, slipping to $4,605.68 an ounce.
  • After extending a recent uptrend, gold appeared to be undergoing a pullback as profit-taking selling emerged.

Spot gold fell nearly 1% during trading on August 25.

Walter Bloomberg, a breaking-news account focused on global markets, reported that spot gold slipped to $4,605.68 an ounce.

Gold had recently been on an upswing, but prices appeared to be correcting as profit-taking emerged.

#Precious Metals
Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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