Gold bounces from two-week low as thin trade sparks volatile moves - News Summed Up

Gold bounces from two-week low as thin trade sparks volatile moves


Spot gold was up 0.7% at $4,361.71 per ounce, ⁠as of 0709 GMT, after hitting a record high of $4,549.71 on Friday. It fell to its lowest since December ​17 on Monday, marking its sharpest daily percentage loss since October 21. "The fact that we've had such a significant selloff from Monday open ... it just goes to show the significant volatility probably compounded by thinner trading conditions because of the holiday season," Kyle Rodda, senior analyst at Capital.com, said. The relative strength indexes (RSI) for both gold and ‍silver fell from 'overbought' territory ⁠on Monday. Spot silver was up 3.1% at $74.49 per ounce, after hitting ‌an all-time high of $83.62 in the previous session.


Source: The Star December 30, 2025 15:10 UTC



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