Bloomberg: 'Margin Calls' Spur Drop in Gold Prices

By  Bloomberg / August 05, 2024 / www.bullionvault.com / Article Link

LONDON, 5 August 2024 - Analysis from BullionVault today leads the latest gold-price report from global financial news and data agency Bloomberg.

With Japanese shares leading a crash in global stock markets today, "Margin calls ahead of the New York opening have forced traders to liquidate winning positions in gold to cover their losses on stocks," says Adrian Ash, director of research at BullionVault.

Read Adrian's comments - widely syndicated to sites including Yahoo!finance and quoted by news organizations including the UK's Telegraph newspaper - with a Bloomberg subscription here:

Gold Plunges as Global Equity Mayhem Sets Traders on Edge

Recent News

Big Gold's strong Q2/26 results continue

August 03, 2026 / www.canadianminingreport.com

Gold stocks see moderate declines

August 03, 2026 / www.canadianminingreport.com

Market still expecting strong growth for major gold producers

July 27, 2026 / www.canadianminingreport.com

Newmont starts Q2/26 strong, growth expected for gold majors

July 27, 2026 / www.canadianminingreport.com

Gold not the consensus play anymore

July 20, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok