Gold slips from one-week high on profit-booking, dollar strength - News Summed Up

Gold slips from one-week high on profit-booking, dollar strength


Spot gold slipped 1.1% to US$4,449.38 per ounce, as of 0715 GMT. It touched a record high of US$4,549.71 last Monday. The dollar held near a more than two-week high, making greenback-priced assets more expensive for other currency holders. Elsewhere, spot silver lost 2.5% to US$79.27 per ounce, down from an all-time high of US$83.62 hit on Dec 29. Spot platinum dropped 6.2% to US$2,291.24 per ounce, receding from a record high US$2,478.50 touched last Monday.


Source: The Edge Markets January 07, 2026 05:22 UTC



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