Finance2 sources
Gold Price Drops Below $4,000 for First Time Since July
- Gold prices have dropped below $4,000 per ounce, the first time since July.
- This decline coincides with a broader market sell-off, despite investors seeking safety in US Treasuries.
- The price drop occurred this week, with no specific date provided in the sources.
- Gold's status as a 'haven' asset has not shielded it from the current market downturn.
- Investors are now looking to US Treasuries for safety.