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 Zimbabwe Faces Deflation with New ZiG Currency READ MORE INCREMENTUM : Preview Chartbook of the In Gold We Trust Report READ MORE Banks Under Pressure: Rising Concerns Over Commercial Real Estate Exposures READ MORE Mortgage Markets Shudder as Interest Rates Soar Past 7% READ MORE Gold Hits Week-High as Investors Eye Fed's Next Move READ MORE Add a Comment Cancel replyYour email address will not be published.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