Business

Gold Prices Plunge

Updated 2026-05-28 09:05 UTC 2 sources Negative

Spot gold prices fell to their lowest level since late March, signaling a decline in its status as an inflation hedge. This shift is part of broader market trends affecting precious metals and cryptocurrencies.

Coverage timeline — 5 articles

MarketWatch

Is the ‘debasement trade’ dead? Outflows from gold and bitcoin ETFs suggest investors are moving on

The so-called debasement trade has fallen out of favor as both a discussion point and an investment concept.

2026-05-28 08:51 UTC

CNBC

Gold tumbles to two-month low as inflation hedge status fades

Spot gold prices were trading at their lowest level since late March.

2026-05-28 08:51 UTC

CNBC

Mistral to explore designing own chips, CEO says, as it ramps up infrastructure build

Mistral's semiconductor ambitions underscore the French startup's bid to control more of its infrastructure as it competes with OpenAI and Anthropic.

2026-05-28 08:57 UTC

MarketWatch

LIV Golf has lost its Saudi funding. Golfers who rejoin the PGA Tour may face financial fallout.

A Saudi sovereign fund reportedly poured more than $5 billion into the golf league. The fund now says its investment priorities have changed.

2026-04-30 21:43 UTC

MarketWatch

Gold posts its biggest 2-month drop ever. How its price could still double over the next 5 years.

Gold prices cemented the worst two-month decline in history on Thursday, based on the price of heavily-traded futures contracts.

2026-04-30 21:56 UTC