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US spot gold dips 2% after touching record peak





Spot gold slipped 2.1% to $2,026.69 per ounce ). Prices swung in a wide $115 range but were finally headed for their worst day since February.

traders trimmed bets for the first rate cut by the U.S. Federal Reserve in early 2024.

U.S. gold futures settled down 2.3% at $2,042.20.



Spot gold slipped 2.1% to $2,026.69 per ounce ). Prices swung in a wide $115 range but were finally headed for their worst day since February.

traders trimmed bets for the first rate cut by the U.S. Federal Reserve in early 2024.

U.S. gold futures settled down 2.3% at $2,042.20.



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