Daily Market Updates: Gold tumbles nearly 3% to yearly lows as risk-off mood offers little support

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Gold tumbles nearly 3% to yearly lows as risk-off mood offers little support

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) plunges nearly 3% on Friday, hitting fresh year-to-date lows. The metal struggles despite a risk-off mood driven by a technology stock sell-off over AI spending concerns.

Latest closeGold $4,079.60 ▲1.0%

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FXStreetGold tumbles nearly 3% to yearly lows as risk-off mood offers little support

Forex

Gold tumbles nearly 3% to yearly lows as risk-off mood offers little support

More like this

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