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The total market capitalization of cryptocurrencies has shrunk by nearly $100 billion in the past 19 hours.
5m ago
US Treasury volatility may record the largest annual decline since 2009
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Institution: Gold prices retreat as investors lock in profits
Odaily Planet Daily reports that Interactive Investor analyst Victoria Scholar said that the decline in gold prices is due to investors locking in profits after a strong rally. In New York, gold futures fell about 1.3% to around $4,492 per ounce. Gold prices have rebounded this year, with a trading price of approximately $2,670 at the beginning of January. Meanwhile, Scholar added that progress made by U.S. President Trump and Ukrainian President Zelensky in ending the conflict with Russia may have suppressed demand for precious metals. (Jin10)