On Wednesday Gold fell more than 1% leaving behind a six-year top that it touched yesterday. The reason behind the drop is the fact that U.S. Federal Reserve executives drove down the expectations of aggressive rate reductions, while traders secured their gains following a powerful rally.
US gold futures dropped almost 0.5% to $1,413.29 an ounce.
Spot gold fell more than 1% at $1,405.59 per ounce while going for its first drop in a week.
Yesterday Gold prices touched their highest-priced level since 2013 at $1,438.60.
NATO versus Russia
Daily Analysis - 26/06/2019