Gold Gains Today: Prices Rebound After Brief Dip Below $4,000 as China Cuts Tax Incentives
Gold prices made headlines after falling below the $4,000 per ounce mark and then bouncing back to $4022+. The catalyst? China ended a long-standing tax incentive on gold. That move rattled markets for a moment. Then, safe-haven demand and macro signals helped gold rebuild its footing. We see gold’s rebound not just as a blip,…