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Gold Prices Head for Largest Weekly Drop Since 1983

The source says gold is down 11.2% for the week, marking its steepest weekly decline in more than four decades.

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Terms & Concepts
  • Weekly decline: A measure of how much an asset’s price falls over a one-week period, often used to track short-term market volatility.
  • Safe-haven asset: An investment such as gold that investors often buy during periods of uncertainty in hopes of preserving value.