# spot gold
Latest news and articles about spot gold
Total: 5 articles found
After an Epic Sell‑Off, Gold Rockets Back Above $5,000 — Time to Buy or Run for the Exits?
After an extraordinary two‑day sell‑off that pushed spot gold below $4,500, international prices rebounded sharply and reclaimed the $5,000/oz mark by Feb 4. The swings were driven by a blend of speculative liquidation, margin‑related forced selling, shifts in US policy expectations and changes in dollar and Treasury yields, while Chinese retail demand showed both frantic selling and buying.
Queues at Beijing Gold Counters Tell Two Tales: Panic Sellers and Contrarian Buyers
A surge of retail selling and buying at Beijing’s Caibai gold counters on February 3 highlighted the sharp volatility in gold prices: domestic spot rates hovered around ¥1,070–¥1,082 per gram while international quotes fell from near $5,500/oz to about $4,700/oz before a partial rebound. Banks and wealth managers warned of continued turbulence and advised risk-management strategies, even as many ordinary investors both locked in quick profits and cut losses.
Gold’s Rollercoaster: Record Peak, Lightning Sell-Off and What Comes Next
Gold rallied to an extraordinary intraday peak in late January before a flash crash erased roughly 6% and knocked several silver and gold ETFs lower. The drop reflected technical profit-taking and forced liquidations amid a crowded, leveraged market, but structural supports — weak dollars, central-bank buying and geopolitical risk — remain intact.
Spot Gold Surges Past $5,500 an Ounce as Safe‑Haven Demand Meets Fragile Fundamentals
Spot gold surpassed $5,500 per ounce on January 29, driven by safe‑haven flows amid fiscal, currency and geopolitical concerns. Analysts warn that resilient global growth and rising yields could blunt further gains even as speculative momentum supports the rally.
Gold Breaks $5,000 Barrier as Central‑Bank Buying and Safe‑Haven Flows Lift Prices
Spot gold topped $5,000 per ounce for the first time on January 26, propelled by central‑bank purchases, safe‑haven flows and expectations of easier U.S. policy. Analysts see both structural and cyclical support for higher prices, though they caution that a stronger‑than‑expected U.S. economy or profit‑taking could prompt corrections.