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 Treasury Traders Bet on 2024 Fed Rate Cuts READ MORE India's Gold Duty Cut Diminishes Dubai's Appeal for Shoppers READ MORE Japan's GPIF Explores Diversification into Forests, Gold, and Bitcoin READ MORE BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE US Budget Gap Widens 16% in First Four Months of Fiscal Year READ MORE Add a Comment Cancel replyYour email address will not be published.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