Gold's Resilience Tested: Metal Stabilizes After Steep Decline Gold prices stabilized on Tuesday after experiencing a sharp selloff on Monday, which saw the biggest intraday drop since early June. The recovery came as global stock markets normalized and exchange-traded funds added gold to their holdings. Despite the recent volatility, gold remains up over 15% this year, supported by expectations of Federal Reserve rate cuts and central bank buying. Analysts at Goldman Sachs maintain a bullish outlook on gold, citing its hedging value against various economic and geopolitical risks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts How Much Gold Do I Need To Retire? 1oz Per Month? READ MORE Record Gold Prices Fuel Modern-Day Gold Rush READ MORE Mike Maloney’s Greatest Hits – Best Videos of 2023 READ MORE ECB Lowers Rates for First Time Since 2019 Amid Inflation Concerns READ MORE Powell Signals Fed's Pivot: Job Market Concerns May Prompt Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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