Gold prices have recently experienced a significant decline.
Throughout the year, gold has faced various fluctuations, including some steep drops. At one point, it lost over $100 in just one day and saw a decrease of approximately $300 within a single month, following the initial reaction to tariffs announced during Trump’s “liberation day.”
Despite these fluctuations, gold remains on course for one of its most impressive single-year performances.
According to Attrill, “Gold has increased by 57% so far this year, greatly surpassing Bitcoin, which has risen by 17%, as well as outperforming major global stock indices.”
However, this may not provide much comfort to those who purchased gold earlier in the week.
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