Gold and bitcoin prices decrease as investors hope for a seasonal rebound in December

From Investing.com: 2024-12-02 05:16:00

The euro struggles against the dollar due to weak economic data and political uncertainty. Meanwhile, the US economy takes the spotlight this week with a busy data calendar and key speakers discussing monetary policy. The dollar remains strong, while gold and bitcoin experience a retreat. In France and Germany, political issues add to the euro’s troubles as elections and budget debates unfold. Gold and bitcoin are in the red, with gold buyers hopeful for a seasonal uptick in December. Market participants should stay tuned for more developments in the coming weeks.



Read more at Investing.com: US Gold and Bitcoin Retreat: Investors Eye Seasonal Trends for Gold Rebound