Front Month Comex Gold for February (new front month) delivery lost $46.90 per troy ounce, or 2.56% to $1784.90 this week
--Largest one week net and percentage decline since the week ending Nov. 26, 2021
--Snaps a two week winning streak
--Today it is down $8.20 or 0.46%
--Down for three consecutive sessions
--Down eight of the past 11 sessions
--Lowest settlement value since Wednesday, Dec. 15, 2021
--Off 6.43% from its 52-week high of $1907.50 hit Wednesday, June 2, 2021
--Up 6.39% from its 52-week low of $1677.70 hit Monday, March 8, 2021
--Down 3.38% from 52 weeks ago
--Off 3.66% from its 2022 settlement high of $1852.70 hit Tuesday, Jan. 25, 2022
--Off 13.00% from its record high of $2051.50 hit Thursday, Aug. 6, 2020
--Month-to-date it is down 2.33%
--Year-to-date it is down $42.60 or 2.33%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
01-28-22 1403ET