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Gold Steadies As Traders Book Profits After Rally To Record

ADVERTISEMENTGold Steadies As Traders Book Profits After Rally To RecordGold’s 14-day relative strength index was in overbought territory Wednesday, a warning that the price could be due for a pause or pullback. Bloomberg News25 Dec 2025, 09:42 AM IST i25 Dec 2025, 09:42 AM IST25 Dec 2025, 09:42 AM ISTSaveGold’s recent run has been driven by its haven appeal amid escalating frictions in Venezuela. (Image: Bloomberg) Show Quick ReadSummary is AI Generated.

Gold Steadies As Traders Book Profits After Rally To Record

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Key Highlights

  • Newsroom ReviewedGold was little changed following a three-day rally that took the precious metal to an all-time high above $4,500 an ounce.
  • Platinum tumbled more than 6%, also retreating from an all-time high touched overnight.
  • Some traders are starting to take profits as the year draws to a close after a ferocious run in the precious-metals markets that still leaves gold up almost 70% in 2025.
  • Platinum has more than doubled.
  • Technical indicators supported the selling.
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Sources

  1. Gold Steadies As Traders Book Profits After Rally To Record

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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