Economy Local November 01, 2024

Gold Prices Drop Significantly

Gold prices decreased sharply at the end of trading on Thursday, marking the highest decline since July. Investors are concerned about market stability and inflation rates.


Gold Prices Drop Significantly

Assets fluctuated today, and leading exchanges noted a decrease in volatility. The price of gold has dropped, reaching the lowest level in recent months. After declining significantly, the metal set a new negative record in volatility.

"Today's drop in the price of gold is the largest since July," reported a financial analyst.

Experts attribute the decrease in the cost of precious metals to the unstable economic situation in the world, caused by the pandemic and other factors.