Gold stocks rebounded on Thursday after significant volatility in the past week hit the brakes on a seemingly unstoppable rally.
It’s not entirely clear what sparked the volatility in the gold market. According to Reuters, investors booked profits ahead of Friday’s U.S. Consumer Price Index (CPI) report, which was delayed due to the government shutdown. Still, the consensus among experts appears to be that gold simply encountered a natural ebb and flow.
For those looking to enter the market, gold stocks may be enticing at their current levels.
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