Gold

Gold fell by 0.47% on Friday October 24, trading at $4,106.61 per troy ounce with a weekly loss of 5.76% and monthly gain of 9.91%. Intensified geopolitical risks increased demand for gold as a safe-haven asset. Central banks are accumulating gold reserves, supporting its value as an alternative to dollar-denominated assets amid de-dollarization efforts. However, a strengthening U.S. dollar made gold more expensive for international buyers which reduced demand and contributed to price corrections. Its 52-week high was $4,378.3 per troy ounce, while its 52-week low was $2,559.3 per troy ounce.

5 Days 1 Month 3 Months 6 Months YTD 1 Year 3 Years 5 Years 10 Years
-5.76% 9.91% 21.92% 22.63% 56.48% 50.22% 132.22% 131.10% 285.95%