Gold prices fell below $4000 per ounce on Friday. This decline is observed against the backdrop of general instability in the global precious metals markets. Investors are cautious, awaiting further economic news. Experts link the drop to the strengthening of the US dollar and reduced demand from central banks. "We are seeing a temporary correction, analyst Maria Ivanova comments. — In the long term, gold remains an attractive asset." However, some experts predict further price declines in the coming weeks.
Gold Prices Fall Below $4000 Per Ounce
Gold prices fell below $4000 per ounce on Friday. This decline is observed against the backdrop of general instability in the global precious metals markets. Investors are cautious, awaiting further economic news. Experts link the drop to the strengthening of the US dollar and reduced demand from central banks.