Falling to $4,205, down 0.63%, gold pricing has retraced from recent highs in today’s trading.
Having recently painted new six-week highs, rallying from support at $4,056, downside in today’s session can be considered primarily technical profit-taking.
While the fundamental footing for precious metals remains firm, recent US data, particularly in the US labour market, continues to add to the dovish narrative, bolstering metal pricing.
What’s next for gold?
02-12-2025 22:42 GMT
by Christian Norman