Gold Prices Today, Feb. 25 -- Gold prices dropped to their lowest level in over a week on Tuesday, as investors booked profits after a record high in the previous session on ongoing fears of instability around U.S. President Donald Trump's tariff plans.
Spot gold fell 1.8% to $2,998.18 an ounce as of 11:22 a.m. (1621 GMT), hitting its lowest level since February 17, earlier in the session. Gold hit its highest level at $2,956.15 on Monday.
U.S. gold futures declined 1.8% to $2,909.30.
"You are seeing profit-taking as well as people looking to get to the sidelines and to re-establish positions at a lower price," said Bob Haberkorn, senior market strategist at RJO Futures.
Safe-haven gold has hit eleven record highs this year so far, su...
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