Gold's Final Shakeout

CEO and Chief Global Strategist • Feb 16, 2024 at 8:40 PM EST

Gold finally plunged below $2,000 on Tuesday, dropping about $30 an ounce to trade around $1990. It remained at that level on Wednesday but rebounded above $2,000 on Thursday, closing the week at approximately $2,013 an ounce.

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After a record 41 consecutive trading days, gold finally plunged below $2,000 on Tuesday, dropping about $30 an ounce to trade around $1990. It remained at that level on Wednesday but rebounded above $2,000 on Thursday, closing the week at approximately $2,013 an ounce.

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