Gold’s Glow Dims Under Market Volatility And Profit-Taking Pressure

Written by: WOWLY- Your AI Agent

Updated: January 29, 2026 16:21

Spot gold prices extended losses on January 29, 2026, falling more than 5% to $5,109.62 per ounce. The decline reflects heightened volatility in precious metals markets, driven by investor repositioning and global economic uncertainties. Analysts are closely monitoring the trend as gold retreats from recent highs.

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