Gold Poised for Largest Weekly Gain Since 2020

The precious metal’s price has surged sharply, marking its strongest weekly performance in four years.

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Terms & Concepts
  • Precious Metal: A rare, naturally occurring metallic element with high economic value, such as gold, silver, and platinum, often used as an investment and store of value.
  • Parabolic Price Movement: A rapid and accelerating rise in an asset’s price, often resembling a steep curve on a chart, indicating strong upward momentum.