Gold plunges 16% after hitting $5,500 peak, ETF NAV under pressure

AAAUAAAU

Gold futures surged from $4,000 per ounce in early October to $5,500 in January. Prices then collapsed by 16% over two trading sessions following a CME Group margin hike and accelerated profit-taking, signaling sharp volatility that will pressure AAAU’s net asset value.

Sources

RSPKW
+9 more