Gold prices have slipped into negative territory for the year, and investors are tightening their grip as bearish sentiment deepens across the market.
According to Standard Chartered’s Global Head of Commodities Research, Suki Cooper, the selloff could worsen as exchange‑traded fund (ETF) holders continue to liquidate losing positions.
Spot gold recently traded around 4,221 dollars an ounce, off nearly one percent on the day and more than two percent since the start of the year.
The metal has now ...
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