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Record Drop in Gold Prices in the Global Market

Gravatar Avatar Web Desk | 2 days ago
record drop in gold prices
record drop in gold prices

There has been a record drop in gold prices in the global market, which is being called the biggest fall in the last 5 years. According to news agencies, the price of gold per ounce has dropped by $250 in a single day, raising concerns among investors and market analysts.

Reports say that on Monday, gold was priced at $4,381 per ounce, but after a 5.3% decrease, it has now come down to $4,115 per ounce. This sharp decline happened within 24 hours, which is highly unusual for the gold market.

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Experts believe that this sudden drop may be due to global economic changes, rising strength of the US dollar, and uncertainty in financial markets. Investors are now acting cautiously and watching market trends closely.

Interestingly, even with this sharp fall, gold has become nearly 60% more expensive during the year 2025 so far. However, this recent dip has caused shock and confusion in the international market and could impact local gold prices as well.

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This record drop in gold prices in the global market, marked as the biggest fall in 5 years, is a clear sign of instability that may affect investors and financial markets in the days to come.

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