Gold Retreats from Record Highs as Profit-Taking and Tariff Concerns Shape Markets

Gold prices stabilized early Wednesday, trading around $2,920.4 per troy ounce after a turbulent Tuesday session that saw futures drop 1.49% to $2,918.8. The decline followed Monday’s record high of $2,956.19, as investors locked in profits amidst growing economic uncertainties. The recent pullback comes after gold’s meteoric rise since mid-December, when prices surged from $2,599.60 […]