Commodities
Gold Prices Plummet to $4,121.69 Amid Market Volatility
The price of gold has taken a hit, falling by 3.08% on September 28, 2026, to $4,121.69 per ounce. This decline comes after a previous close of $4,285.06, representing a drop of $163.38.
Compared to its 52-week high of $5,477.79, gold is trading at 24.76% below this mark. However, it remains 9.21% above its 52-week low of $3,774.15.
The spot price of gold has been affected by various factors, including inflation expectations, central bank policy, global economic conditions, and investor demand. The strength of the US dollar also plays a significant role in determining daily prices.