Gold Prices Surge, Then Dip: What's Next?

Gold futures opened at a record high of $4,568 per ounce, surging 0.3% from Fridays close. Despite reaching an all-time high early, prices plummeted below $4,500 due to profit-taking and optimistic Ukraine peace talks. The rally, driven by a weak dollar, low interest rates, and global uncertainty, has seen gold prices surge 4.5% in the past week, 9.7% in the past month, and a staggering 74.5% in the past year. Central bank buying, inflation fears, and mining output influence these fluctuations, making golds volatile journey an exciting watch for investors. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.