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Gold Falls Amid Liquidation of Positions in Equity Selloff
Tuesday, 28 January 2025 05:50 WIB | MARKET ANALYSIS |GOLD

Gold prices are down more than 1% from near-record highs as investors liquidate bullion positions, following a broader market selloff fueled by growing interest in Chinese AI startup DeepSeek.
The sharp decline in global equity markets has prompted a risk-off move across other asset classes, with U.S. Treasury yields falling to a three-week low and the dollar index hitting its lowest since Dec. 18.
As of this writing, gold is at $2,740

Source: Newsmaker.id

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