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 Gold Shines: Analysts Project $2,700 Target by Year-End READ MORE Gold Defies Market Trends as Investors Flock to the Metal READ MORE NYT: A Strong U.S. Dollar Weighs on the World READ MORE Global PMI Data Shows Persistent Price Inflation in May READ MORE BofA Sees 75 bps Q4 Cut as Fed Signals Easing Cycle READ MORE Add a Comment Cancel replyYour email address will not be published.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