Economy
Add as a preferred source on GoogleGold recorded a 0.42% intraday decline Tuesday, a day after a Reuters quote put it above the threshold.
Spot gold was quoted at $3,999.81 an ounce Tuesday, taking it below the $4,000 mark after Reuters had quoted it above that threshold a day earlier, as its intraday decline reached 0.42%.
Reuters' Monday reading was $4,007.57 an ounce at 9:23 a.m. ET, as noted in EconoTimes' earlier coverage of gold above $4,000. The Monday and Tuesday prices are separate observations.
Reuters reported spot gold down 0.1% at $4,013.70 per ounce in a late-Monday snapshot as traders tracked futures-implied rate odds.
Reuters quoted spot gold at $4,007.57 an ounce Monday. Public futures data showed the broader managed-money category remained net long as of Oct. 20.
Gold was down 7.5% year to date, while Bitcoin had lost 7.3% in Charlie Bilello’s comparison of major assets.
