Gold Slips Below $5,000 as Holiday Trading Dries Up

Gold prices fell below the key $5,000/oz level in thin Asian trade, as Lunar New Year holidays muted market participation and reduced liquidity, according to Bangkok Post.

• Spot gold dipped under the psychological $5,000 mark during low-volume trading

• Profit-taking followed recent record highs above $5,500/oz

• Stronger U.S. dollar and firm Treasury yields added downside pressure

Expert Insight:

This appears to be a short-term liquidity-driven pullback rather than a structural trend reversal. With central bank demand and geopolitical uncertainty still in play, medium-term bullish momentum remains intact.

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