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3 reasons why gold prices have struggled lately, according to Bank of America insider@insider.com (Carla Mozée) © Reuters / Krishnendu Halder Reuters / Krishnendu Halder A decline in physical demand for gold by central banks has been a challenge for gold, says Bank of America.  Jewelry sales have been disappointing as the COVID-19 pandemic suppressed customer activity. A lack of interest from investors in buying gold has also been a pressure point for the market.  Popular Searches Spot gold prices have lost about 6% during 2021 to fall below $1,800 per ounce. Gold prices climbed by roughly 22% in 2020, during which they settled for the first time above $2,000. Prices last year benefited from investors piling into the perceived safety of gold as the COVID-19 pandemic unfolded and from low interest rates set by central banks as the health crisis persisted, analysts have said.

United statesKrishnendu halderKrishnendu halder reutersWorld gold councilInflation protected securitiesஒன்றுபட்டது மாநிலங்களில்கிரீஷ்னெந்து ஹால்டர்கிரீஷ்னெந்து ஹால்டர் ராய்ட்டர்ஸ்உலகம் தங்கம் சபைவீக்கம் ப்ரொடெக்டெட் பத்திரங்கள்