Gold Dips Below $2,300, Analysts Eye Potential Price Breakout Gold futures experienced consecutive losses on Wednesday, with the most-active contract reaching its lowest settlement since early May. The spot price briefly dipped below $2,300 an ounce, attributed more to technical factors than fundamental changes. Despite the downward movement in gold, silver prices increased slightly. Experts suggest that gold may be entering a typical summer trading range following its strong spring rally, with potential for a price breakout in the near future as volatility narrows. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Labor Market Holds Strong; First Quarter Productivity Sees Minor Dip READ MORE Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon READ MORE Southeast Asian Consumers Turn to Gold as Economic Shield READ MORE Silver: "It's Time To BUCKLE UP" READ MORE Higher Inflation Challenges South Africa's Economic Stability READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment