️ Who Crashed Gold Prices Yesterday? Turns Out, Robots

️ Who Crashed Gold Prices Yesterday? Turns Out, Robots

Gold prices fell sharply on AI concerns, triggering a selloff in markets and exacerbating the decline thanks to algorithmic traders. Prices have since partially recovered, likely due to margin calls and profit-taking. Banks expect gold to rebound as factors that fueled the previous rally persist, including geopolitical tensions and outflows from traditional assets.

Source: Telegram "llordofwar"