Sharp fall in gold prices in global market

According to a Reuters report, at 11:01 am Bangladesh time on Friday, the price of gold in the spot market fell by 1.1 percent to $4,044.09 per ounce. In the United States, the December delivery futures price fell by 1.5 percent to $4,053.30.

Goldman Sachs has cut its potential gold price forecast for the end of 2026 from $4,650 per ounce to $4,150 per ounce. Along with gold, the prices of silver, platinum, and palladium also fell.