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Gold slips as profit-taking, softer geopolitics dampen demand
short by / on Thursday, 15 January, 2026
Gold slipped on Thursday as investors booked profits after three consecutive sessions of record highs, while an apparently softer tone from US President Donald Trump on the Federal Reserve chair and Iran dampened safe-haven demand for bullion. Spot gold was down 0.8% at $4,584.03 per ounce as of 03:22 GMT. In the previous session, bullion hit a record high of $4,642.72.