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Indonesia News Portal for Traders | Financial & Business Updates

17 April 2025 17:55  |

Gold Down After Hitting New All-Time High

Gold prices fell on Thursday (4/17) as investors took profits after bullion hit an all-time high, with traders assessing tariff negotiations between the U.S. and Japan.

Spot gold fell 0.8% to $3,317.63 an ounce, as of 0717 GMT. Bullion has gained more than 2% this week. U.S. gold futures fell 0.5% to $3,330.60.

Bullion hit a record high of $3,357.40 earlier in the session and has gained more than 27% this year. RECOMMENDATION

- Buy if price moves to $3,333

- Sell if price moves to $3,319

 

Resistance Level 2: $3,347

Resistance Level 1: $3,340

 

Support Level 1: $3,312

Support Level 2: $3,305

Note:

This article is only an analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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