Gold price lower to start Asian Monday trade - ‘safe haven’ status tarnished?

The gold price is off a few bucks to get the week started:

The UK Telegraph had a brief article up over the weekend: Gold's 'safe haven' status tarnished by two week slump

It says (in brief):

  • Gold prices have endured a two-week slump
  • Its often viewed as a safe haven by investors
  • But has has slumped by $50, or 3.5pc, from a high of $1,170 per ounce on August 24

The piece is no game changer, but its not doing gold any good this morning in Asia.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access