US Stock Market Move | Spot gold falls more than 1.8%, gold sector collectively declines

date
01/05/2025
avatar
GMT Eight
Gold futures fell more than 1.8%, now trading at $3227.3.
On Thursday, the gold sector trended lower. As of the time of writing, Gold Fields Limited Sponsored ADR (GFI.US) fell more than 3.7%, Royal Gold, Inc. (RGLD.US) fell more than 1.8%, Barrick Gold Corporation (GOLD.US) fell more than 2.6%, and Harmony Gold Mining Co. Ltd. Sponsored ADR (HMY.US) fell more than 5%. The spot gold price dropped more than 1.8%, currently at $3227.3 per ounce.