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Gold Falls Below $4,000 for the First Time Since July. What’s Next?

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Gold Falls Below $4,000 for the First Time Since July. What’s Next?

Gold price dropped below $4,000 an ounce on Friday for the first time since July, hitting a low of $3,986.85. Just 3 weeks earlier, a major Wall Street bank had named that level as a floor for the metal. Banks and analysts have offered conflicting views on how far gold could fall. How Thursday’s Tech The post Gold Falls Below $4,000 for the First Time Since July. What’s Next? appeared first on BeInCrypto.

Key Takeaways

  1. Gold price dropped below $4,000 an ounce on Friday for the first time since July, hitting a low of $3,986.85.
  2. Just 3 weeks earlier, a major Wall Street bank had named that level as a floor for the metal.
  3. Banks and analysts have offered conflicting views on how far gold could fall.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.