💨 Abstract

Gold prices decreased by over 1% on Monday, retreating from near-record highs due to a broader market sell-off triggered by interest in Chinese AI start-up DeepSeek. This sell-off was driven by a liquidity crunch amid risk-averse moves in other asset classes, with U.S. Treasury yields dropping to three-week lows and the dollar index hitting its lowest levels since Dec.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖