Gold price retreats from record as it joins market selloff triggered by tariffs
Traders attributed gold's dip to profit-taking and investors selling some of their bullion holdings to cover losses in other asset classes.
Gold dropped to a five-month low Friday as the post-Trump price surge collapsed and investors redirect funds into industrial commodities and the stock market. Gold for delivery in December dropped to a session low of $1,223.40 an ounce in morning trading on...
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