Gold Pulls Back Below $4,000 But Set for Weekly Gain
Barronsยท2025-10-10 09:25
ByGiulia Petroni, Dow Jones NewswiresGold prices slipped back beneath the $4,000 mark, but remain on track for an eighth consecutive weekly gain as structural drivers stay in place.Futures in New York rose 0.2% to $3,982.10 a troy ounce in early trade and are up 1.9% on week.The retreat from record highs reflects profit-taking pressures and easing geopolitical risks after Israel signed off on President Trump's plan for a cease-fire and hostage release in Gaza. ...