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 Bank of Canada Highlights Investment Need to Combat Inflation READ MORE Gold and Silver Reach Two-Week High READ MORE As Gold Hits $2,500, All Eyes Turn to Fed's Next Move READ MORE Experts' Inflation Consensus Shifts, Altering Election Dynamics READ MORE Crucial Week Ahead: Key Reports to Influence Fed's Rate Policy Decisions READ MORE Add a Comment Cancel replyYour email address will not be published.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