Gold Suffers Largest Weekly Loss Since June
Gold prices recorded their biggest weekly decline since June, while silver prices touched their lowest level since November, according to The Economic Times.
Gold prices suffered their steepest weekly loss since June, according to data reported by The Economic Times. Alongside the drop in gold, silver prices fell to their lowest level since November.
Market Impact
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The sharp downward movement in precious metals comes amid broader market developments and selling pressure across commodities. Analysts noted the notable divergence as traditional safe-haven assets trimmed recent gains during the session.
Key facts
- Gold recorded its biggest weekly loss since June.
- Silver prices reached their lowest level since November.
- Reporting is based on market data provided by The Economic Times.
Source: news.google.com
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