Gold prices fell as investors took profits following a recent rally. In New York, gold futures dropped approximately 1.3% to $4,492 per ounce. Analyst Victoria Scholar from Interactive Investor noted that potential progress in peace talks between U.S. President Trump and Ukrainian President Zelenskyy has decreased demand for gold. The metal remains under pressure due to changing geopolitical expectations, while shifting market sentiment also highlights movements in cryptocurrency prices.
Gold Prices Decline Amid Profit-Taking and Geopolitical Developments
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