Gold prices fall over 4% this week, reaching a low not seen in three years, due to a stronger US dollar.

Gold prices are on track for their worst week in over three years, falling more than 4% due to a stronger US dollar and reduced expectations of Federal Reserve rate cuts. The rise in the US dollar makes gold more expensive for other currency holders. Despite the decline, gold could rebound if economic uncertainties persist.

November 15, 2024
35 Articles

Further Reading