Gold futures slip 0.2% after record high, technical indicators suggest overbought, analysts divided

From Barron’s: 2025-05-28 11:56:00

Gold futures slip by 0.2% to $3,293.70/oz after hitting a record high of $3,509.90/oz five weeks ago. Technical indicators suggest gold was overbought, leading to a selloff that brought indicators back to neutral levels. Analysts are divided on whether gold will rally further or if it has peaked. Some see gold continuing as a safe-haven asset amid concerns over high U.S. government debt levels.



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