📉 Urgent: Gold Drops Again Below $4,000 Per Ounce!
Global gold gains have evaporated today, as it falls below the important psychological barrier of $4,000 per ounce, following the release of weak U.S. economic data that showed a slowdown in the labor market.
💬 According to Andy Challenger, chief labor market expert, the current situation is reminiscent of what happened in 2003 when innovative technologies completely changed the economic landscape. He added that the increasing pace of layoffs in the last quarter of the year is a negative indicator, especially with job creation slowing to its lowest levels in years.
📊 The decline has also affected other precious metals:
Gold Spot: -0.15%
Futures (GC): -0.01%
Silver (SI): -0.41%
Platinum (PL): -2.07%
Palladium (PA): -4.25%
#الذهب #اقتصاد_عالمي #العملات_الرقمية
