The international gold market saw spot prices fall below $4,000 per ounce, marking the lowest level in several weeks. Analysts attribute the decline to profit-taking by investors and the strengthening of the U.S. dollar across global markets. Rising U.S. Treasury yields have also added pressure on precious metals. However, ongoing geopolitical tensions and continued central bank gold purchases suggest that prices may recover in the longer term.
Gold Falls Below $4,000 an Ounce as Profit-Taking and Strong Dollar Pressure Markets
