Gold Ounce (USD) Records Largest Weekly Loss
Gold Ounce (USD) has registered its largest weekly loss of the observation period, declining 4.21% over the 5-session span ending August 29, 2026. The move e...
Gold Ounce (USD) has registered its largest weekly loss of the observation period, declining 4.21% over the 5-session span ending August 29, 2026. The move eclipses the previous recorded weekly low of -3.60%, marking a distinct shift in the recent trading range as the asset concluded the session at 4,454.08.
Interactive price chart
Event Details
The 5-session window culminating on August 29, 2026, captured a high-magnitude downward contraction totaling 4.21%. During the latest session, the asset moved within a narrow intraday range of 0.119%, opening at 4,456.04 and closing at 4,454.08, with a session high of 4,458.43 and a low of 4,453.12. The magnitude of the weekly decline surpasses the prior benchmark of -3.60% established within the lookback period.
Conclusion
The 4.21% weekly drop sets a new threshold for losses across the reviewed 5-session duration, resetting the previous extreme watermark of -3.60%. This contraction places a notable downward divergence against the asset's preceding historical path.
Live rates
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