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Gold prices retreat from historical highs, but analysts still bullish about near-term outlook

by Riah Marton
in Real Estate
Gold prices retreat from historical highs, but analysts still bullish about near-term outlook
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GOLD prices are retreating from the historical highs of a week ago, but market watchers remain bullish that the precious yellow metal may touch new heights as market volatility and macroeconomic uncertainty channel investor flows into the commodity. 

Gold spot prices headed lower on Monday (Mar 18), hovering around US$2,157 per troy ounce as at Singapore market close, or down 1 per cent week on week. Gold futures prices on the New York Mercantile Exchange closed at US$2,161.50 per 100 troy ounces…

Tags: AnalystsBullishGoldHighsHistoricalneartermOutlookpricesRetreat
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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