Gold Drops to 2-Week Low Gold prices continued to decline on Wednesday, falling to a two-week low despite a broad market sell-off. This unexpected behavior is attributed to investors selling gold to cover margin calls in other markets, particularly equities. The precious metal’s weakness persists ahead of important U.S. economic data releases, including non-farm payrolls, which could influence Federal Reserve rate cut expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Retreats as Dollar Gains Strength; Investors Eye Nvidia and U.S. Inflation Data READ MORE Oil's Surge: Algorithmic Buying Meets Geopolitical Tensions READ MORE Copper to $12,000, Gold to $2,700, Says Goldman Sachs READ MORE Copper Prices Surge as Short Squeeze Sparks US Metal Rush READ MORE U.S. Bankruptcies Experience Significant Increase in 2023, Expected to Rise Further in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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