🚨 [MARKET UPDATE] GOLD RECORDS THE STRONGEST WEEKLY DECLINE IN 43 YEARS
📊 GOLD PRICE MOVEMENT
• The spot gold price closed on March 20 in New York:
• 4,491.67 USD/ounce (-3.42%)
• Total decline for the week: over 10%
• COMEX futures gold price:
• 4,492 USD/ounce (-2.47%)
• Total decline for the week: over 11%
⸻
📉 NOTABLE
• The previous recovery occurred briefly and was quickly reversed
• Recorded the strongest weekly decline in 43 years
⸻
📌 OVERVIEW
• Strong volatility indicates significant selling pressure in the precious metals market
• Gold prices are undergoing a deep correction after a period of rapid increase
⸻
💬 What do you think, will gold continue to adjust or will it recover soon? 👇$XAU
$XAG
#iOSSecurityUpdate
📊 GOLD PRICE MOVEMENT
• The spot gold price closed on March 20 in New York:
• 4,491.67 USD/ounce (-3.42%)
• Total decline for the week: over 10%
• COMEX futures gold price:
• 4,492 USD/ounce (-2.47%)
• Total decline for the week: over 11%
⸻
📉 NOTABLE
• The previous recovery occurred briefly and was quickly reversed
• Recorded the strongest weekly decline in 43 years
⸻
📌 OVERVIEW
• Strong volatility indicates significant selling pressure in the precious metals market
• Gold prices are undergoing a deep correction after a period of rapid increase
⸻
💬 What do you think, will gold continue to adjust or will it recover soon? 👇$XAU
$XAG
#iOSSecurityUpdate