Gold's Resilience Tested: Metal Stabilizes After Steep Decline Gold prices stabilized on Tuesday after experiencing a sharp selloff on Monday, which saw the biggest intraday drop since early June. The recovery came as global stock markets normalized and exchange-traded funds added gold to their holdings. Despite the recent volatility, gold remains up over 15% this year, supported by expectations of Federal Reserve rate cuts and central bank buying. Analysts at Goldman Sachs maintain a bullish outlook on gold, citing its hedging value against various economic and geopolitical risks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts WAKE UP CALL: "There's Still Time To Prepare…BUT NOT LONG" – Mike Maloney READ MORE Young Borrowers Struggle as Credit Card Debt Hits 14-Year High READ MORE Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon READ MORE U.S. Economy Defies Expectations with 2.8% Growth in Q2 READ MORE Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Add a Comment Cancel replyYour email address will not be published.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